The post Ethereum Update: SharpLink (SBET) Pauses Accumulation at 837,230 ETH During $1.5B Buyback as Bitmine Surges to 2.07M ETH appeared on BitcoinEthereumNews.com.

COINOTAG reported that SharpLink (SBET) has paused its Ethereum accumulation, leaving reserves unchanged at 837,230 ETH since September 3, reflecting a temporary halt in on‑chain purchases over the past week. By contrast, miner Bitmine accelerated its accumulation cadence, raising its balance to 2.07 million ETH after adding 206,900 ETH in the last seven days, underscoring divergent capital allocation strategies among institutional crypto reserves. SharpLink has concurrently executed a $1.5 billion share buyback, repurchasing about 1 million shares of SBET. Management indicated the stock was undervalued and said repurchases while NAV is below 1 are intended to produce immediate earnings accretion and compound long‑term shareholder value. ‘, ‘ 🔒 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/ethereum-update-sharplink-sbet-pauses-accumulation-at-837230-eth-during-1-5b-buyback-as-bitmine-surges-to-2-07m-eth/

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Filed under: News - @ September 10, 2025 5:25 am