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SharpLink increased its holding by 39,008 ETH at an average price of $4,531, surpassing a total holding of 837,000 ETH.

By: theblockbeats.news|2025/09/02 12:42:28

BlockBeats News, September 2nd, Ethereum's second-largest treasury company SharpLink (SBET) announced that it has increased its holdings by an average price of around $4,531 to acquire 39,008 ETH, bringing its total holding to 837,230 ETH, worth approximately $3.6 billion.

Since its launch on June 2nd, it has received a total of 2,318 ETH in staking rewards, with a remaining cash balance of over $71.6 million that has not yet been deployed.

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ETHZilla plans to deploy around $100 million worth of Ethereum to EtherFi.