SharpLink, a listed company, increased its holdings by 56,533 ETH, bringing its total ETH holdings to approximately $3.7 billion.
2025/08/26 20:24
PANews reported on August 26 that SharpLink (NASDAQ: SBET) announced on the X platform that it had purchased 56,533 ETH at an average price of approximately $4,462. As of August 26, 2025, the company held 797,704 ETH, valued at approximately $3.7 billion. Key highlights for the week ending August 24, 2025: 1. $360.9 million in net proceeds were raised through ATM facilities last week. 2. Total staking rewards increased to 1,799 ETH since the launch of the treasury strategy on June 2, 2025. 3. Approximately $200 million in cash remains unused for ETH acquisitions. 4. The ETH concentration ratio based on cash conversions exceeded 4.00, an increase of over 100% since June 2, 2025.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
MoonBull Whitelist Fills Fast – Early Traders Eye the 100x Crypto Edge
Spots are disappearing quickly on a first-come, first-served basis, leaving traders scrambling to secure early access before the presale officially […] The post MoonBull Whitelist Fills Fast – Early Traders Eye the 100x Crypto Edge appeared first on Coindoo.
Share
Coindoo2025/08/26 22:45
Share
Wall Street's new darling: After Bitcoin and Ethereum, why are corporate coffers starting to bet big on Solana?
Author: Luke, Mars Finance A seemingly ordinary announcement has cast a meaningful stone on the intersection of cryptocurrency and traditional finance. On June 19, Canadian listed company SOL Strategies Inc.
Share
PANews2025/06/20 09:00
Share
Analysis: Crypto market enters seasonal downturn, BTC short-term implied volatility falls below 40%
PANews June 19 news, Singapore crypto investment institution QCP Capital issued a statement saying that the Federal Reserve kept the benchmark interest rate unchanged, but maintained a hawkish stance, emphasizing
Share
PANews2025/06/19 17:39
Share