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SharpLink Gaming spent 30.67 million dollars to increase its holding of 12,207 ETH
ChainCatcher message, according to GlobeNewsWire, SharpLink Gaming, Inc. (NASDAQ stock code: SBET) announced on June 24, 2025, that the company has strategically increased its Ethereum (ETH) total holdings to 188,478 coins. During the period from June 16 to 20, the company purchased an additional 12,207 ETH at an average price of $2,513 per coin (including fees), totaling $30.67 million. During the same period, SharpLink sold 2,547,180 shares of common stock through its ATM financing tool, raising approximately $27.7 million in net proceeds, most of which will be used to further increase Ethereum reserves. As of June 20, 100% of the company’s ETH holdings have been deployed in the staking solution. Since the launch of the ETH strategy on June 2, 120 ETH rewards have been generated, achieving an 18.97% increase in ETH per share.