In brief
- SharpLink Gaming added around $250 million in Ethereum to its treasury last week.
- The firm now holds nearly 800,000 ETH valued around $3.6 billion.
- Myriad predictors are split as to whether or not the firm will reach its goal of 1 million ETH by mid-September.
Gambling marketer turned Ethereum treasury company SharpLink Gaming boosted its ETH holdings last week, adding around $252 million in Ethereum to its stash, the firm announced Tuesday.
SharpLink added 55,463 ETH at an average price of $4,462, the firm said. The additions bring its total haul to 797,704 ETH valued at $3.6 billion based on the current price of Ethereum.
“Our regimented execution of SharpLink’s ETH treasury strategy continues to demonstrate the strength of our vision and the commitment of our team,” said SharpLink co-CEO Joseph Shalom in a statement.
“With nearly 800,000 ETH now in
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Author: Logan Hitchcock
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