SharpLink Expands Ether Treasury to $3.5B After $76.5M Raise

[tradelikepro]

SharpLink Gaming has grown its Ether (ETH) treasury to 859,853 ETH, valued at roughly $3.5 billion, after completing a $76.5 million capital raise on Friday.

The company added 19,271 ETH at an average price of $3,892 per token, according to a press release Tuesday. Since launching its treasury strategy in June, SharpLink has also earned 5,671 ETH in staking rewards, worth around $23.25 million at current prices.

SharpLink’s stock has surged over 450% in six months, underscoring investor confidence in its Ethereum-based treasury approach.

[EmTeam]

SharpLink’s treasury growth signals confidence in ETH as a corporate-grade asset.

[jacson4]

The capital infusion strengthens Ethereum’s position in enterprise-level digital finance.