The post SharpLink Gaming loads up Ethereum treasury with $78m as price reclaims $4,200 appeared on BitcoinEthereumNews.com.

SharpLink Gaming is back in focus as the company expands its Ethereum treasury amid renewed market optimism. Summary SharpLink Gaming purchased 19,271 ETH worth $78.3 million, boosting its total Ethereum treasury to over 859,000 ETH valued at more than $3.6 billion. Corporate treasuries now collectively hold 5.98 million ETH (around 4.94% of total supply), signaling continued institutional accumulation. ETH trades near $4,240, up over 7% on the day, with bulls targeting a breakout above $4,250 toward October highs near $4,730. SharpLink Gaming has added a significant amount of Ethereum to its holdings, purchasing 19,271 ETH worth $78.3 million, according to on-chain data reported by Lookonchain. The purchase marks the latest accumulation move by the sports gaming technology firm, after a month-long pause in buying. SharpLink’s buy lifts its total holdings to about 859,853 ETH (ETH), placing the company near the top of global corporate holders. At current prices, the stash is valued at more than $3.62 billion, underscoring the firm’s conviction in Ethereum as a balance sheet asset and long-term strategic reserve.​​ The company, which recently announced plans to tokenize its Nasdaq-listed SBET shares directly on Ethereum in partnership with Superstate, is also building infrastructure that goes beyond passive holding. The tokenization effort signals deeper integration with Ethereum’s rails and complements a treasury policy centered on programmable, yield-bearing digital capital.​ Corporate treasuries now collectively hold 5.98 million ETH valued at $25.18 billion, representing nearly 4.94% of Ethereum’s total supply, according to data from Strategic ETH Reserve. With Ethereum’s price on the rise, SharpLink’s latest buy arrives into improving market conditions and renewed investor interest. Sharplink boosts Ethereum treasury as bulls eye breakout above key resistance Ethereum is trading at $4,238, up 7.53% in the past 24 hours and 4.61% over the week, per market data from crypto.news. The second largest…

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Filed under: News - @ October 27, 2025 7:28 am