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SharpLink Gaming Boosts Ethereum Treasury to $1.33 Billion After Record Weekly Buy

The firm is funding its rapid ETH accumulation through a newly expanded $6 billion at-the-market equity program.

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Overview

  • The seven-day purchase of 79,949 ETH averaged $3,238 per coin, marking the largest weekly acquisition in SharpLink’s history.
  • The firm’s treasury now holds 360,807 ETH, providing exposure to one of the largest corporate crypto reserves.
  • Its at-the-market equity facility was raised to $6 billion, with approximately $96.6 million still available for additional Ethereum acquisitions.
  • Ethereum co-founder Joseph Lubin has steered the pivot to a crypto-first model since joining as chairman in late May.
  • SharpLink’s shares have climbed about 370% year-to-date as investors reward its aggressive ETH accumulation strategy.