Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Sharplink Gaming Expands Ethereum Holdings by 18,680 ETH

Sharplink Gaming Expands Ethereum Holdings by 18,680 ETH

TokenTopNewsTokenTopNews2025/08/04 20:20
By:TokenTopNews
Key Takeaways:
  • Sharplink Gaming expands ETH holdings, with leadership by Joseph Lubin.
  • ETH treasury increased to nearly 500,000.
  • Reflects institutional adoption of Ethereum globally.
Sharplink Gaming Expands Ethereum Holdings by 18,680 ETH

Sharplink Gaming has bolstered its Ethereum holdings by 18,680 ETH, bringing its total to nearly 500,000 ETH as of August 4, 2025, in a significant strategic move.

This substantial acquisition positions Sharplink as a leader in institutional Ethereum holding, highlighting growing corporate interest in digital assets amid evolving economic landscapes.

Sharplink Gaming expanded its Ethereum holdings by 18,680 ETH, increasing its total to nearly 500,000 ETH. This move makes it the largest corporate Ethereum holder globally, underlining a significant shift in digital asset strategies.

The expansion aligns with a leadership reshuffling, including Joseph Lubin as Chairman. Lubin, also Ethereum’s co-founder, emphasizes Ethereum’s role in modern digital economies. The company’s Ethereum acquisition strategy signals shifting institutional interest.

Sharplink’s actions reverberate across industries, signaling a shift towards Ethereum as a primary treasury asset . The accumulation of 498,884 ETH positions Sharplink at the forefront of digital commerce transformation.

Financially, July 2025 saw large ETH purchases funding through an At-The-Market equity facility, raising substantial capital. Corporate actions reflect growing institutional confidence in Ethereum as strategic capital.

The Ethereum concentration ratio for Sharplink increased, illustrating significant market leverage. This development bolsters the notion of Ethereum’s strengthening role in treasury reserves among major corporations.

The move by Sharplink may prompt further regulatory scrutiny and set potential precedents for corporate digital asset strategies. Historical trends indicate an increasing shift toward larger corporate Ethereum reserves.

Joseph Lubin, Chairman, Sharplink Gaming, stated, “We are entering a new era where digital assets like Ethereum are no longer speculative instruments – they are fast becoming the strategic currency of the modern digital economy. By embedding Ethereum at the core of our capital strategy, we are doing more than optimizing SharpLink’s balance sheet. We are positioning the Company to command global leadership of the evolution of digital commerce.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Indian court denies suspect bail in $240M crypto investment fraud

Share link:In this post: An Indian high court has denied the bail petition of a suspect involved in a crypto investment fraud of about $240 million. The court denied him bail because of the severity of the crime and its impact on society. Indian police reveal the modus operandi of the fraudulent group.

Cryptopolitan2025/08/10 18:00

Embargo ransomware group has moved $34M since April 2024, TRM Labs reveals

Share link:In this post: TRM Labs has revealed that the Embargo ransomware group has moved $34 million in illicit funds since April 2024. The blockchain intelligence firm said the group attacks industries in the critical sector in the United States. The United Kingdom has moved to initiate laws against ransomware payments in the public sector.

Cryptopolitan2025/08/10 18:00
Embargo ransomware group has moved $34M since April 2024, TRM Labs reveals

Indian authorities say youth demographic is being used as global fraud couriers

Share link:In this post: Indian authorities have warned that the youth demographic of its population is being used to move illegal funds out of the country. Criminal elements are offering innocent youths incentives to use their accounts to move fraudulent funds. Police have arrested about 60 young men as they continue to investigate the growing issue.

Cryptopolitan2025/08/10 18:00
Indian authorities say youth demographic is being used as global fraud couriers

Microsoft customer sues as Windows 10 PCs are set to become obsolete in October

Share link:In this post: A California lawsuit seeks to force Microsoft to keep supporting Windows 10 for free until less than 10% of such systems are in circulation. Around 700 million PCs still run Windows 10, including 240 million that cannot upgrade to Windows 11 due to hardware limits. The plaintiff claims that Microsoft’s decision is intended to increase hardware sales and adoption of its AI tools, such as Copilot.

Cryptopolitan2025/08/10 18:00
Microsoft customer sues as Windows 10 PCs are set to become obsolete in October