The post SharpLink Gaming Amasses 358,000 ETH, Securing $260M Unrealized Gains Following MicroStrategy Model appeared on BitcoinEthereumNews.com.

On July 19, SharpLink Gaming (SBET), a US-listed entity, executed a significant acquisition of 4,904 ETH valued at approximately $17.45 million via Coinbase Prime, as reported by on-chain analyst Yu Jin. This transaction marks a continuation of SharpLink’s strategic accumulation of Ethereum, initiated in early June, mirroring the investment approach of MicroStrategy. To date, SharpLink Gaming has amassed a total of 358,000 ETH, with an average acquisition cost near $2,825 per ETH. The company’s current portfolio reflects an unrealized gain of $260 million, underscoring the effectiveness of its long-term crypto asset strategy. This move highlights the growing institutional interest in Ethereum as a core digital asset within diversified investment frameworks. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/sharplink-gaming-amasses-358000-eth-securing-260m-unrealized-gains-following-microstrategy-model/

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Filed under: News - @ July 19, 2025 3:27 am