SharpLink adds $73M Ethereum, strengthening position as crypto market.

The company purchased 62,232 ETH in four days, showing a huge commitment.

SharpLink now holds nearly 300,000 ETH, backed strongly by ConsenSys.

SharpLink Gaming is making big moves in the crypto market. The Nasdaq-listed company has bought even more Ethereum this week. On Monday, SharpLink bought 24,371 ETH, worth about $73.25 million. According to Arkham Intelligence data, they bought this large amount using Coinbase Prime.

SharpLink Adds 62,232 ETH in 4 Days, Signals Strong Confidence

SharpLink is not the only one making such purchases this month. The company had purchased 16,374 ETH just a day before, on Sunday. And on Friday evening, they purchased an additional 21,487 ETH. All three deals sum up to 62,232 ETH by SharpLink, which was acquired within four days. This is roughly equivalent to almost 186.4 million dollars at today’s prices.

This is not the end of the story. Most recently, on July 11, SharpLink purchased 10,000 ETH from Ethereum Foundation itself. This was a value of 25.7 million dollars. It occurred on July 10 with the average price of 2,572.37 dollars per ETH. It is an indicator that SharpLink commits to its undertaking of adding Ethereum to its balance sheet.

These new buys have not escaped the attention of the crypto observers. It has been found that the large holders are accumulating ETH. The quantity of Ether being stored in the leading wallets has been increasing by around 23% since June 13. One of the reasons for this increment is the large purchases by SharpLink.

According to CoinMarketCap data, Ethereum is maintaining a price position of over $3,000. The vigorous purchasing strategy of SharpLink is a loud message. This, according to many analysts, is evidence that giant firms also have long-term faith in Ethereum.

Previously, companies that placed crypto on their balance sheets always preferred Bitcoin. However, Ethereum, unlike Bitcoin, is different. Due to smart contracts, DeFi, and tokenization, Ethereum can do more. Such tools render Ethereum appealing to businesses such as SharpLink.

SharpLink Bold Ethereum Buys Could Set Benchmark for Public Firms

The recent step of SharpLink is not another crypto news. It demonstrates the strong course that the firm has taken towards dominating the Ethereum industry. SharpLink is well supported. It is backed by ConsenSys, the Ethereum software company headed by Joseph Lubin, one of the founders of Ethereum itself.

With these new purchases, SharpLink currently possesses nearly 300,000 ETH in total. This high figure may give the company a dominant position in the utilization of crypto by public companies in their major business strategies. Most analysts believe that the aggressive moves by SharpLink may be the benchmark for other listed companies in this crypto bull run in 2025.

To sum up, the purchase of Ethereum by SharpLink, worth 73 million, is not the end of the story. The firm is demonstrating great confidence in the future of Ethereum. Whereas other companies are observing and waiting, SharpLink is moving with speed. This would place the company at an advantage as Ethereum grows to be more significant in smart contracts, DeFi, and the crypto economy in general.

The post SharpLink Adds $73M More in Ethereum Holdings appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ July 15, 2025 8:00 pm