SharpLink Gaming Boosts Ethereum Holdings to 188,000 ETH in Treasury Play

Published: 2025-06-21 14:39:30 |

SharpLink Gaming has acquired 6,744 ETH (about $16.5 million) via Galaxy Digital, raising its total Ethereum treasury to roughly 188,000 ETH (≈$457 million). Despite an unrealized loss of around $37.5 million from recent market volatility, the Nasdaq-listed tech firm emphasizes a long-term investment strategy. Leadership cites Ethereum’s role in DeFi, NFTs, Web3 and its potential as an inflation hedge and treasury diversification tool. This move underscores a growing trend of public companies integrating Ethereum into corporate treasury management and may influence market liquidity and sentiment.

Bullish

SharpLink Gaming’s continued accumulation of 6,744 ETH and total holdings of 188,000 ETH signal strong institutional confidence in Ethereum’s long-term potential. Corporate treasury buy-ins tend to support liquidity and positive sentiment. Despite short-term unrealized losses, sustained purchases by a Nasdaq-listed firm can buoy Ethereum prices over time, suggesting a bullish impact on ETH.