SharpLink Gaming added over $30 million in ETH to its treasury, boosting its holdings to 188,478 Ether.
The acquisition was funded by a $27.7 million net proceeds raised through an at-the-market offering, making SharpLink the largest publicly traded holder of Ether globally.
SharpLink is the first Nasdaq-listed company to adopt ETH as its core treasury reserve asset, staking all its crypto cache and earning 120 ETH in rewards.
While SharpLink holds the title for the largest publicly traded Ether holder, the Ethereum Foundation and some ETF issuers have substantially larger ETH holdings.