Overview

• SharpLink added 7,689 ETH at an average price of $2,501 per coin, lifting its total to 205,634 ETH valued at about $527 million
• The company raised $64 million through an at-the-market share sale, earmarking $37.2 million for further Ethereum purchases
• All holdings are staked or restaked across yield protocols, producing 322 ETH (around $2.1 million) in rewards since June 2
• The ETH Concentration metric, measuring coins per 1,000 diluted shares, climbed from 2.00 to 2.37 over three weeks
• SharpLink’s stock jumped as much as 26% to $15.93, its highest price since June 12