Ethereum (ETH) Treasury News: Sharplink Gaming (SBET) Adds $75M in ETH

Ethereum (ETH) Treasury News: Sharplink Gaming (SBET) Adds $75M in ETH

The Nasdaq-listed firm made its first ETH purchase since late August as crypto correction weighs on digital asset treasuries.

Ethereum Nears Key Triangle Breakout: Could ETH Rally to $4,700 Soon?

Ethereum adoption strengthens as SharpLink Gaming purchases 19,271 ETH worth $74.9 million. RSI at 53.58 and bearish MACD signals indicate short-term consolidation before a potential rebound. Technical analysts identify a tight triangle pattern, suggesting a possible ETH breakout toward $4,700–$4,800. Ethereum (ETH) is moving under sustained bearish pressure with a slight dip in its value due to decreasing investor interest in the crypto space. …

SharpLink Buys $75M Worth of Ethereum but SBET Stock Continues to Trade Near Lows

SharpLink added $75M in Ethereum, but the stock stayed weak and showed no strong upward move. SBET stock trades near key support levels and shows signs of tight consolidation after a long decline. A new ETF linked to SBET launched, but has not led to increased momentum or investor interest yet. SharpLink Gaming (NASDAQ: SBET) added approximately $75 million in Ethereum this week. The company acquired 19,271 ETH at an average price of $3,892. Thi…

SharpLink adds 19,000 ETH, lifts holdings to $3.5B as companies buy the dip

SharpLink increased its ETH holdings following a $76.5 million raise, with staking rewards topping $23 million since its treasury launch in June. SharpLink Gaming has expanded its Ether treasury to 859,853 ETH, worth about $3.5 billion, following a $76.5 million capital raise completed on Friday. The company announced the acquisition of an additional 19,271 ETH at an average cost of $3,892 per Ether (ETH) in a press release on Tuesday. SharpLink…

SharpLink Buys More ETH at $3,892, Staking Yields Hit 5,671 Tokens

TLDR SharpLink has acquired 19,271 additional ETH at an average price of $3,892 per token. The company’s total Ethereum holdings have grown to 859,853 ETH, worth approximately $3.5 billion. SharpLink completed a $76.5 million capital raise to fund its latest ETH acquisition. The company has earned 5,671 ETH through staking since launching its Ethereum treasury strategy in June. SharpLink ranks as the second-largest Ethereum treasury holder afte…