SharpLink Gaming Buys $463 Million in Ethereum, Becomes Largest ETH Treasury Firm


Description

SharpLink Gaming has acquired $463 million in Ethereum, making it the largest ETH treasury holder after the Ethereum Foundation. Despite deploying most of the funds into DeFi protocols, its stock plunged over 70% amid market uncertainty following an S-3 filing.

Publish date

June 13, 2025