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SharpLink Increases Holdings by Over 143,000 ETH, Totaling 740,760 ETH

Summary: According to reports, SharpLink (SBET) announced on X platform that as of August 17, 2025, they have acquired 143,593 ETH at an average price of around $4,648, bringing their total ETH holdings to 740,760. This week, they raised $537 million through ATM and direct issuance. Since June 2, staking rewards have been 1,388 ETH. The ...

According to reports, SharpLink (SBET) announced on X platform that as of August 17, 2025, they have acquired 143,593 ETH at an average price of around $4,648, bringing their total ETH holdings to 740,760. This week, they raised $537 million through ATM and direct issuance. Since June 2, staking rewards have been 1,388 ETH. The ETH concentration is 3.87, a 94% increase since June 2. They currently hold over $84 million in cash waiting to be deployed.

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