「ETH Version of MicroStrategy」 SharpLink (SBET) increased its ETH holdings by 14,900 coins and has set aside 55.56 million U for another purchase.

By: theblockbeats.news|2025/08/02 09:42:22
0
Share
copy

BlockBeats News, August 2nd, according to on-chain data analyst Yu Jin's monitoring, the "ETH Version MicroStrategy" stock SharpLink (SBET) transferred 53 million USDC to the Galaxy Digital address in the past 7 hours, and then received 14,933 ETH 2 hours ago, with a purchase price of about $3,550. After receiving the ETH, they transferred another 55.56 million USDC to Galaxy Digital to continue buying ETH. The total expenditure is $108 million.

Since early June, SharpLink Gaming has been operating in a micro-strategy mode to accumulate ETH. Up to today, they have accumulated 464,000 ETH, now worth $1.62 billion. The comprehensive average purchase price is about $3,029, with a current unrealized gain of $214 million.

You may also like

Ethereum Repricing: From Rollup-Centric to "Security Settlement Layer"

Ethereum's strategic focus is returning to the mainnet, establishing "settlement assurances" and reinforcing security to build its core value proposition, shifting valuation logic from fee revenue reliance to a security- and soundness-based protocol premium.

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

One cannot rely on macro narratives like "Gold Rotation" to determine whether Bitcoin has bottomed. True bottom signals will only appear during position unwinding and extreme pessimistic sentiment.

Aave Founder: What Is the Secret of the DeFi Lending Market?

When on-chain lending becomes significantly cheaper to operate end-to-end compared to traditional lending, mass adoption becomes not a question of if, but of when.

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

Popular coins

Latest Crypto News

Read more