Sharplink Buys ETH for First Time in 8 Months
Arkham said the transfer was Sharplink’s first ether inflow in eight months as the company added to a 876,285 ETH treasury and ETH fell to $1,537.
- On Thursday, Sharplink acquired 5,000 Ether worth roughly $7.85 million via crypto prime brokerage FalconX, marking its first purchase in eight months as the token hit about $1,537, its lowest price in 2026.
- Sharplink now holds 876,285 Ether valued at roughly $1.3 billion, positioning it as the second-largest public ether treasury company behind competitor Bitmine Immersion, which holds about 5.67 million Ether.
- Nasdaq-Listed Sharplink shares fell about 27% over the past month, yet the company is expected to join the Russell 2000 and Russell 3000 indexes on Monday, potentially broadening its shareholder base.
- Sharplink CEO Joseph Chalom previously identified the CLARITY Act and market risk appetite as growth catalysts; however, the market has not rewarded the company's accumulation conviction amid a 5% crypto decline.
- The company recently backed Ethlabs, a nonprofit focused on institutional network use, alongside Bitmine and Sharplink chairman Joe Lubin, positioning the group to shape Ethereum's institutional adoption.
12 Articles
12 Articles
Sharplink Resumes Ethereum Purchases After 8 Months With New 5,000 ETH Order
Ethereum treasury company SharpLink has resumed accumulating Ether after an eight-month hiatus, adding 5,000 ETH to its balance sheet as the cryptocurrency trades near its lowest level of 2026. The purchase reinforces the company's long-term conviction in Ethereum despite sitting on billions of dollars in unrealized losses and a prolonged market downturn. Blockchain intelligence platform Arkham first flagged the transaction, while on-chain analy…
Sharplink's Ethereum Holdings Hit Strong 876K ETH
Sharplink has resumed buying Ethereum after an eight-month pause, acquiring 5,000 ETH as prices traded near 2026 lows. The purchase reinforces the company’s long-term Ethereum treasury strategy, with executives citing regulatory progress, improving market conditions, and tokenized assets as key growth drivers.
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