SharpLink Gaming, a company listed on Nasdaq, has significantly increased its Ethereum assets by engaging in a direct over-the-counter transaction with the Ethereum Foundation. In this deal, SharpLink acquired 10,000 ETH for around $25.7 million, with each token valued at $2,572.37.
Finalized on July 10, this acquisition raises SharpLink's total Ethereum holdings to 215,634 tokens, as reported by DeFiLlama. At the current market price, this investment reflects a substantial commitment to the cryptocurrency sector.