SharpLink Acquired 77K More ETH, Boosting Holdings Over $1.6B
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SharpLink Acquired 77K More ETH, Boosting Holdings Over $1.6B
SharpLink Gaming (SBET), the Nasdaq-listed crypto treasury firm helmed by Ethereum co-founder and ConsenSys CEO Joseph Lubin, unveiled on Tuesday that its ether (ETH) holdings increased to 438,190 tokens, worth roughly $1.68 billion at current pricesThe company bought 77,209 ether (ETH), or $297 million, through the week ending on July 27. It has also raised $279 million by selling shares, tapping at-the-market equity facility.Shares are lower b…
BlackRock Veteran Joins SharpLink as Co-CEO
Former BlackRock crypto chief Joseph Chalom has joined Ethereum treasury firm SharpLink Gaming as co-CEO. Chalom spent two decades at BlackRock, where he led strategic ecosystem partnerships and spearheaded the asset management giant’s push into digital assets and blockchain. That included helping launch two of the largest Bitcoin and Ethereum exchange-traded funds (ETFs) –the iShares Bitcoin Trust (IBIT) and the iShares Ethereum Trust – alongs…
SharpLink’s Joe Lubin Aims To Become Fastest ETH Buyer
SharpLink Gaming, led by Ethereum co-founder Joe Lubin, is making waves in the cryptocurrency world with a bold plan to gather Ether (ETH) quickly. SharpLink is the second-largest Ethereum treasury firm and is using new financial tactics to beat competitors like BitMine Immersion Technologies in the quest to collect ETH. Joe Lubin’s Vision for ETH Accumulation Joe Lubin, who is also the CEO of Consensys, has a big plan for SharpLink to become th…
The price of Ethereum (ETH) again grabs the attention of the crypt market after an increase of 4% in just 24 hours, driven by a number of key factors. Among them, highlights the million-dollar purchase of 77,210 ETH by the company SharpLink Gaming, which is listed in Nasdaq. This acquisition, valued at almost $300 million, not only exceeds the monthly net issue of Ethereum, but also places SharpLink as the second largest corporate holder of ETH …
Sharplink Expands Ethereum Holdings to 438,017 ETH After Latest Acquisition – News Bytes Bitcoin News
Sharplink has acquired an additional 77,210 Ethereum, valued at approximately $295 million, increasing its total holdings to 438,017 ETH, worth around $1.69 billion. This move follows the recent recruitment of Blackrock’s top crypto strategist, signaling a robust push into ethereum through aggressive staking and institutional-grade execution. Headquartered in Minneapolis, Minnesota, and listed on Nasdaq under […]
Key points of the News SharpLink Gaming reinforces its position as the second largest corporate holder of Ethereum after adding 77,210 ETH valued at about $295 million, raising its total treasury of ETH to more than 438,000 coins. The firm listed in Nasdaq recently designated Joseph Chalom, former BlackRock executive, as co-CEO to strengthen its cryptic leadership. Most of the ETH acquired has been set aside for stacking to generate passive reve…
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