SharpLink Expands ETH Holdings to 728,804 as SBET Stock Drops 9.45%

TLDR SharpLink Gaming has increased its Ethereum treasury to 728,804 ETH after a major fundraising. The company launched its Ethereum reserve strategy on June 2, 2025, making ETH its primary asset. SharpLink raised over $2.6 billion through PIPE and Registered Direct offerings to purchase ETH. A new metric shows the company’s ETH concentration nearly doubled [...]

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