Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    IMF Rejects Pakistan’s Bitcoin Mining Electricity Subsidy

    Hungary’s Central Bank Rules Out Bitcoin Reserves

    Hungary Central Bank Rules Out Bitcoin Reserves

    Hungarian Central Bank Rules Out Bitcoin Reserves

    Hungary Rules Out Bitcoin for Central Bank Reserves

    Hungarian Central Bank Rejects Bitcoin for Reserves

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ripple Seeks Federal License as XRP Value Climbs

    Solana Staking ETF Launches, Reaches $33M on First Day

    SharpLink Gaming Makes $30.7M Ethereum Investment

    SharpLink Gaming Expands ETH Treasury to $2M amid Stock Rise

    SharpLink Gaming Increases ETH Stake to $460M Amid Stock Surge

    OpenAI Denies Partnership with Robinhood on Stock Tokens

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

SharpLink Gaming Increases ETH Stake to $460M Amid Stock Surge

Solomon M. by Solomon M.
July 3, 2025
in Altcoin News
Key Takeaways:
  • SharpLink’s ETH holdings now exceed $460M following $4M new stake.
  • Company’s stock increased by 28% after the announcement.
  • Ethereum co-founder now chairs SharpLink’s board.
sharplink-gaming-increases-ethereum-holdings-2
SharpLink Gaming Increases Ethereum Holdings

In a significant move, SharpLink Gaming, Ltd. has increased its Ethereum holdings to 188,478 ETH as of June 24, 2025, with their stock rising to $11.98 following this announcement.

SharpLink Gaming’s Ethereum acquisition move highlights the growing institutional interest in programmable assets, driving significant market reactions.

SharpLink Gaming, led by CEO Rob Phythian and CFO Robert DeLucia, has taken a bold step by increasing its stake in Ethereum to a total of 188,478 ETH, involving funds of approximately $457-460 million. The company emphasizes significant commitment to cryptocurrency as illustrated by their latest acquisition of 12,207 ETH on June 24, 2025.

Today, SharpLink announces that our ETH holdings have further increased to 188,478, which were acquired at an average price of $2,513 per ETH. — Rob Phythian, CEO, SharpLink Gaming, Ltd., Source

This strategic move aligns with Joseph Lubin’s involvement as Chairman of the Board. Lubin, an influential figure in the Ethereum ecosystem, illustrates institutional maturity in the crypto-finance relationship. SharpLink’s stock surged by 28% to $11.98 following increased ETH stakes, showing market confidence in their crypto strategy. The decision reflects a comparable model to MicroStrategy’s Bitcoin treasury, cementing Ethereum’s potential mainstream corporate treasury asset. Experts predict ongoing interest in ETH, inspired by similar corporate-level investments.

The implications of this move extend to the crypto market and corporate strategies, spotlighting the increase in ETH prices and liquidity staked ETH (lsETH). SharpLink’s strategy fosters institutional adoption and may influence further financial, regulatory, and technological evolutions within the crypto sector. Major ETH acquisitions by a public company have historically influenced asset value, suggesting future price appreciations for ETH and lsETH.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

SharpLink Gaming Increases Ethereum Holdings by $2M

Next Post

APT Target $19, ADA Momentum Slows, & BDAG’s GLOBAL LAUNCH release Goes Viral

Solomon M.

Solomon M.

Related Posts

Ripple Seeks Federal License as XRP Value Climbs

by Solomon M.
July 3, 2025

Ripple applies for a federal banking license, boosting XRP value and investor optimism.

Solana Staking ETF Launches, Reaches $33M on First Day

by Solomon M.
July 3, 2025

Solana Staking ETF debuts with $33M volume, $12M inflows; strong market impact.

SharpLink Gaming Makes $30.7M Ethereum Investment

by Solomon M.
July 3, 2025

SharpLink Gaming invests $30.7M in Ethereum, increasing its holdings to 188,478 ETH for staking rewards.

SharpLink Gaming Expands ETH Treasury to $2M amid Stock Rise

by Solomon M.
July 3, 2025

SharpLink Gaming increases Ethereum treasury holdings by $2 million as stock reaches $12. Key stakeholders include Joseph Lubin.

OpenAI Denies Partnership with Robinhood on Stock Tokens

by Solomon M.
July 3, 2025

OpenAI denies any partnership with Robinhood amid stock token launch in EU.

Wall Street’s Record Interest in Solana

by Solomon M.
July 2, 2025

Institutional interest in Solana reaches unprecedented levels as new data emerges.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.