Sharplink Gaming (SBET), a betting company, is beginning to see the results of implementing the corporate accumulation strategy for Ether (ETH), Ethereum’s native currency.
This is the company cited on Nasdaq. He decided to adopt this ETH-based strategy to generate additional income through staking.. In total, SBET acquired 322 coins through this mechanism. This is equivalent to $843,394 at its current price.
The company also announced that it would purchase an additional 7,689 ETH for the week between June 28th and July 4th, 2025, earning it at an average price of $2,501 per unit. at the moment, The company owns 205,634 ETH.
“We’ve come to terms with the latest trends in Sharplink,” commented Joseph Lubin, president of Sharplink. “Our sustainable success is a direct result of the disciplined Sharplink implementation of a financial management strategy focused on ETH and solid commitment to operational transparency. Digital assets in the current stock market.”
The price of SBET stock has risen considerably since Sharplink’s Aetheria strategy announcement. There has been a collapse caused by communication errors, but SBET continues to be bullish.
As Cryptootics reports, more and more companies are analyzing the likelihood of issuing debts through convertible bonds or stocks and funding Ether purchases. The goal is to form an ETH reserve and generate additional revenue through staffing.
This strategy is similar to the one used by Michael Saylor’s company Strategy, but in his case he focuses on purchasing Bitcoin (BTC).
