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SharpLink Gaming Becomes World’s Largest Corporate Ethereum Holder After $213M Buying Spree

  • SharpLink Gaming acquired 74,656 Ethereum worth $213 million, becoming the largest corporate Ethereum holder globally.
  • Currently holding 280,706 ETH, with 99.7% staked earning 415 ETH in rewards since implementing the strategy in June.
  • Their 'ETH Concentration' metric increased by 23% to 2.46 ETH per 1,000 diluted shares since mid-June.
  • SharpLink funded the purchase through its At-The-Market share issuance program, with plans to potentially allocate the remaining $257 million to buy more ETH.

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