Ethereum's MicroStrategy Makes Its Biggest ETH Purchase Ever! "They Hold the Most ETH!"

Sharplink Gaming, the Nasdaq-listed company that has been in the news for a while with its Ethereum ($ETH) purchase and is referred to as Ethereum's MicroStrategy, announced that it has purchased $ETH again.

Accordingly, the Nasdaq-listed company purchased 79,949 $ETH worth $259 million at an average price of $3,238 between July 14-20.

SharpLink Gaming (SBET), which surpassed the Ethereum Foundation in terms of $ETH holdings with its previous acquisition, increased its total treasury to 360,807 $ETH and became the firm that holds the most $ETH.

At this point, the company's $ETH holdings increased by 29% compared to the previous week, making this purchase the highest weekly purchase historically.

SharpLink added that since adopting Ethereum as its primary treasury reserve asset, it has staked over 99% of its assets and earned a total of 567 $ETH in rewards.

NEW: Sharplink now has 360,807 $ETH

Between July 14th and 20th, Sharplink purchased ~79,949 $ETH for approximately $259 million at an average price of $3,238.

This purchase marks the largest *weekly* $ETH purchase to date.

$ETH per share (“$ETH Concentration”) has increased by 53% since June 2nd to ~3.06

Approximately $96.6 million is available for future $ETH purchases.

Since the company launched its digital treasury strategy on June 2, 2025, total $ETH staking rewards have increased to 567.

SharpLink Gaming is among the companies that have been accumulating $ETH using the strategy of the biggest Bitcoin bull Strategy.

*This is not investment advice.