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SharpLink Increases Holdings by Over 143,000 ETH, Total Position Reaches 740,760 ETH

SharpLink Increases Holdings by Over 143,000 ETH, Total Position Reaches 740,760 ETH

ChaincatcherChaincatcher2025/08/19 12:18
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According to ChainCatcher, SharpLink (SBET) announced on the X platform that as of August 17, 2025, SharpLink has acquired 143,593 ETH at an average price of approximately $4,648, bringing its total ETH holdings to 740,760 ETH.

This week, $537 million was raised through ATM and direct offerings. Since June 2, staking rewards have amounted to 1,388 ETH. ETH concentration stands at 3.87, up 94% since June 2. Currently, more than $84 million in cash is being held, awaiting deployment.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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