SharpLink Gaming Expands Ethereum Treasury to 188,478 ETH

SharpLink Gaming, Inc. has increased its Ethereum holdings to 188,478 ETH after acquiring 12,207 ETH between June 16-20, 2025.

The expansion underscores Ethereum’s growing role as a corporate reserve asset. SharpLink’s strategy is expected to bolster Ethereum’s market stability and security.

SharpLink Acquires 12,207 ETH, Leads Public Holdings

SharpLink Gaming acquired an additional 12,207 ETH, bringing its total holdings to 188,478 ETH. This move positions SharpLink as the largest publicly traded holder of Ethereum globally.

The acquisition, completed over four days, cost $30,674,829 and was funded by equity sales through their At-The-Market facility.

**SharpLink Gaming Press Release**, Official Communication, SharpLink Gaming, Inc., “SharpLink, the largest publicly traded holder of Ethereum in the world, today announced that the Company has strategically increased its total holdings of ETH to 188,478 ETH, acquiring an additional 12,207 ETH…”: SharpLink Official Investor Relations

Ethereum Staking Yields 120 ETH in Rewards

The acquisition supports Ethereum’s network security by staking its entire treasury, generating 120 ETH in rewards. Stakeholders expect this move to enhance Ethereum’s value proposition.

No significant commentary from leaders or market influencers. The move emphasizes Ethereum’s potential as a strategic corporate asset. Investor response was generally positive but muted.

Trend of Corporate Ethereum Holdings Expands

SharpLink’s strategy mirrors corporate Bitcoin holdings, reflecting a broader trend of adopting specific cryptocurrencies for treasury management.

This could further institutionalize Ethereum, encouraging similar strategies among firms. Data suggests that such acquisitions can stabilize and elevate market trust and investment in Ethereum.