Ether Treasury News: SharpLink (SBET) Raises $200M to Acquire More ETH

Ether Treasury News: SharpLink (SBET) Raises $200M to Acquire More ETH

The Minneapolis-based firm's ether holdings sit at 521,939 ETH as of its latest purchases.

Ethereum eyes $4,000 as SharpLink buys another 22,000 ETH

Ethereum has broken out of its week-long slumber, posting fresh gains as whales and institutions double down. SharpLink, one of the largest public holders of ETH has increased its stack with a fresh buy, offering a boost to price. According…

SharpLink Raises $200 Million to Grow Its Ethereum Treasury

SharpLink Gaming has secured $200 million in fresh capital through a direct share sale to four institutional investors. Each share was priced at $19.50. The company plans to use the full amount to expand its Ethereum holdings. If all goes as planned, SharpLink expects its ETH treasury to grow beyond $2 billion. Institutions Double Down on Ethereum This level of investment signals something bigger than just one company making a move. Large player…

Binance Ethereum Reserve Slumps 9% as Corporate Adoption Grows - The Market Periodical

Key Insights: Binance exchanges revealed its Ethereum holdings dropped 496,984 ETH in just a month. Ethereum recorded a new milestone in daily and weekly transaction counts, fueled by increased institutional interest. ETH price eyes the $4,000 mark as sentiments in the market improve Binance has revealed its current asset composition and the direction of investor capital migration in its 33rd Proof of Reserves report. The report showed users’ E…

SharpLink Secures $200M to Double Down on ETH Strategy – Institutions Buying ETH?

SharpLink Gaming, Inc. (Nasdaq: SBET), one of the largest corporate holders of Ethereum, has announced a $200 million registered direct offering priced at $19.50 per share. NEW: SharpLink raises $200M in a direct offering led by four global institutional investors at $19.50/share This capital will b...