SharpLink's $295M Ethereum Haul Outpaces Network Issuance, Bolsters Treasury

SharpLink Gaming has significantly expanded its Ethereum holdings, acquiring an additional 77,210 ETH worth $295 million. This substantial purchase surpasses the total amount of Ether issued across the network in the past month, underscoring the company's aggressive strategy in accumulating the cryptocurrency as a treasury asset. The move also coincides with the appointment of a BlackRock veteran as co-CEO, signaling a strategic push into digital assets.