Overview
- Purchases were executed at an average price of $4,462 per ETH, valuing the holdings at roughly $3.6–$3.7 billion.
- SharpLink raised $360.9 million in net proceeds last week through its at-the-market program and holds about $200 million in cash for additional acquisitions.
- Cumulative staking rewards reached 1,799 ETH since the treasury strategy launched in June.
- The board approved up to $1.5 billion in repurchases to buy shares at or below the net asset value of its Ether, targeting dilution and ETH-per-share alignment.
- SharpLink remains the No. 2 corporate holder of Ethereum behind BitMine Immersion Technologies, which holds nearly 1.7 million ETH.