Sharplink doubles on Ethereum, another 56,533 ETH buys to boost reserves star-news.press/wp

The Sharplink Gaming included in NASDAQ today revealed that she bought 56,553 ETAREUM (ETH) during the week ending August 24. The latest acquisition of ETH has a total of $ 3.7 billion.

Sharplink Gaming enhances Ethereum Holdings

According to advertisement It is made today, the Sharplink games do not retreat from buying ETH despite the current market disturbance. The company stated that it had bought 56553 ETH during the week ending August 24.

It is worth noting that the last ETH purchase of Sharplink was the fourth consecutive weekly purchase of the digital original in several weeks. Commenting on the development of Joseph Shalom, the co -executive official said:

Our Fujji Treasury Strategy in Sharplink continues to show the strength of our vision and our team’s commitment. With nearly 800,000 ETH now in the strong reserves and liquidity available for more ETH acquisitions, our focus on building a long -term value for our shareholders with the broader ETHEREUM system at one time is still fixed.

As Chaalom explained, the ETH’s Sharplink reserves are approaching 800,000 teachers, currently 797,704 ETH. The average purchase price of the company during the last acquisition of $ 4,462 per ETH.

In addition, the company received 1,799 ETH through Stokeing since June 2. Sharplink also maintains about $ 200 million in the Future ETH cash reserves.

Meanwhile, the ETHEREUM concentration ratio – a special scale developed by Sharplink Gaming – increased to 3.80. This number reflects the intensity of the powerful assets per share on a completely diluted basis and provides shareholders a transparent scale for ETH per share.

At the time of this report, Sharplink Gaming shares were traded at $ 19.42, an increase of 1.3 % a day. Over the past six months, the stock has gained 315 % impressive, primarily supported by the ETH Treasury Strategy.

Will Eth Bitcoin replace corporate budgets?

While Bitcoin (BTC) remains the dominant coding assets with the maximum market exceeding $ 1 trillion, companies are increasingly accompanied by the idea of ​​keeping ETH as part of their treasury strategy.

accident a report From VANECK suggested that ETH could eventually serve as a stronger store of BTC. In a similar note, Ethereum Treasury Ethzilla Declare Yesterday she expanded her property to more than 102000 ETH.

However, not everything is equally convinced about the supposed BTC’s supposed excess. In Q2 2025, Galaxy Digital Enhanced Bitcoin with 4,272 BTC, while reducing ETH exposure. At the time of the press, ETH is trading at $ 4545, a decrease of 0.8 % in the past 24 hours.

Distinctive image from Unsplash.com, plans from Yahoo! Finance and Tradingview.com

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