Sharplink Gaming has announced a new purchase of Ether (ETH), the Ethereum Network’s cryptocurrency, for US$30.6 million. The company is the largest ETH owner cited in the stock market.
This operation took place between June 16th and 20th, 2025. During that period, Sharplink purchased 12,207 ETH Average price of USD 2,513 per unitIncludes fees and costs.
To fund the purchase, the company raised a net profit of approximately USD 27.7 million through sales of 2,547,180 common stock through its market services (ATM). Most of these funds will be allocated to future ETH purchases.
With gold money, Ministry of Finance Aetian The company is valued at over USD 470 million. Meanwhile, Sharplink’s actions They remain near 10 US dollars, As shown in the graph below:
Since June 2nd, 100% of Sharplink’s ETH Holdings have been deployed in staking solutions. During that period, the company received 120 ETH in compensation, registering ETH per share growth at 18.97%.
According to a statement from the manager, the strategy is trying to optimize shareholder value. Through the integration of digital assets in financial structures.
Joseph Lubin, president of Sharplink’s board and co-founder of Ethereum, said the increase in Treasury’s ETH reflects a decentralized technology and approach that is in line with progress in the IGAMING sector. Company CEO Rob Phythian said ETH’s hiring Respond to a long-term strategic vision.
Sharplink profiles like a strategy, but profiles from the ether in the sense of the massive accumulation of Bitcoin (BTC). At the end of May, the company announced that it would allocate US$400 million to ETH purchases as part of its financial strategy, as reported by Cryptonotics. However, this decision It generated a strong market response. After the announcement, the price of Sharplink shares fell 70%.
Despite the collapse, the company will adhere to that decision. ETH is the evolution of digital finance and Strategic tools to strengthen your business model.