<ul data-eligibleForWebStory="true"><li>SharpLink Gaming acquires 176,271 ETH at an average price of $2,626 per coin.</li><li>Over 95% of SharpLink’s ETH is deployed in staking platforms.</li><li>Ethereum co-founder Lubin supports the move for DeFi and network security.</li><li>SharpLink becomes the first Nasdaq-listed firm to adopt ETH as a treasury asset.</li><li>SharpLink acquired 176,271 ETH for $462.9 million and also sold equity worth $79 million.</li><li>SharpLink now trails only the Ethereum Foundation in ETH ownership.</li><li>CEO believes in Ethereum’s long-term store of value and utility.</li><li>Ethereum price dropped to $2,553 despite SharpLink’s investment.</li><li>Ethereum’s price analysis suggests short-term support at $2,475 and potential targets at $2,592 and $2,680.</li><li>SharpLink’s move aims to offer exposure to Ethereum’s long-term value to shareholders.</li><li>The company positioned itself for the future of tokenized finance amidst U.S. digital asset regulation developments.</li></ul>

SharpLink Becomes Largest Public ETH Holder After $463 Million Ethereum Purchase

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