Ethereum Co-Founder: SharpLink Aims to Accumulate ETH Faster than Other Companies

BlockBeats News, July 29th, according to Cointelegraph, Ethereum co-founder and Consensys CEO Joe Lubin is one of the Ethereum Treasury Strategists at SharpLink Gaming. He hopes the company can accumulate Ethereum (ETH) for its shareholders as quickly as possible, sounding the "battle cry" in the corporate rush to become the top ETH accumulator.

Joe Lubin stated: "We believe that, on a per-share (fully-diluted) basis, our rate of accumulation of ETH will surpass that of any other Ethereum project, certainly faster than Bitcoin-related projects. SharpLink is accumulating funds 'daily' through a market-price-based issuance mechanism to expand its ETH reserves, while staking existing holdings to earn rewards and achieve compound growth."

SharpLink is competing with BitMine for the status of "Ethereum Treasury Premier Company." According to data from StrategicETHReserve, BitMine is currently in the lead, holding 566,800 ETH with a market value of approximately $2.13 billion, while SharpLink ranks second with 360,800 ETH valued at around $1.35 billion.