Overview
- SharpLink bought 39,008 ETH between August 25 and 31 at an average price of about $4,531 per token.
- The purchase brings total holdings to 837,230 ETH, valued at roughly $3.6 billion.
- The acquisition was financed with $46.6 million raised through the company’s at-the-market facility.
- SharpLink reports more than $71 million in cash remaining for potential future ETH purchases.
- The company cites an ETH Concentration of 3.94 and cumulative staking rewards of 2,318 ETH, and it now ranks second globally among corporate ETH holders.