$2.6B Push Turns SharpLink Into Major Ethereum Whale, Stakes Nearly All ETH Holdings: Report

TLDR: SharpLink shifted its reserve asset to Ethereum in June, accumulating 728,804 ETH in under three months The company raised $2.6B in capital to rapidly grow its ETH holdings and support active treasury management Nearly all ETH is staked, producing 1,326 ETH in rewards while boosting long-term yield potential SharpLink’s ETH concentration rose 98%, making [...]

The post $2.6B Push Turns SharpLink Into Major Ethereum Whale, Stakes Nearly All ETH Holdings: Report appeared first on Blockonomi.