Sharplink grows the ETH wardrobe while stocks continue to stumbling star-news.press/wp

Sharplink bought 143,593 ETH during the past week at an average price of $ 4,648 per eth.

Ethereum has become increasingly popular. On August 19, Sharplink Gaming reported 143,593 ETH in purchases, according to presentation With the Securities and Stock Exchange Committee. The company bought the assets between August 10 and August 17, 2025, compared to $ 667.4 million, at a rate of $ 4,648 per eth.

The company bought ETH at a time when the currency price was near its highest level ever. However, despite the price, Sharplink continues to speed up its purchases. According to the deposit, the company held 740,760 ETH on August 17, which is currently about 3.2 billion dollars.

The company also revealed that almost every truck is sunken, including liquid. This enables the company to generate negative rewards and enhance its property. To date, Sharplink has already got 1,388 ETH with Stokeing Bonuses.

Sharplink shares decreased despite ETH purchases

Sharplink continues to expand Ethereum’s holdings strongly. However, the market does not always reward this strategy. In the past five days, Sharplink shares, which are traded under SBET Ticker, decreased by 19.85 %.

Like most cabinet shares, Sharplink uses a mixture of debt and stock financing for reserve accumulation. Effectively, this makes it a bet on Ethereum, which in turn makes it fluctuating than the basic origin.

In the past five days, Ethereum has decreased from its highest level in all years of $ 4,788.55 to 4,207.22 dollars. This was after the markets withdrew from an eTF march. Ethereum fluctuation is likely to be the reason why Sharplink shares have declined in value more.