Stock Track | SharpLink Gaming Surges 5% Pre-Market as Ethereum Holdings Reach 360,807

Stock Track

07-22

SharpLink Gaming (NASDAQ: SBET) saw its stock price soar 5.01% in pre-market trading on Tuesday, following the company's announcement of a significant increase in its Ethereum holdings. The surge comes as investors react positively to SharpLink's growing cryptocurrency reserves.

According to the latest update, SharpLink's Ethereum holdings have reached 360,807 ETH as of July 20, 2025. This substantial increase in the company's cryptocurrency assets appears to have boosted investor confidence, driving the stock's pre-market rally.

SharpLink Gaming, which initiated its Ethereum reserve strategy earlier this year, has been aggressively accumulating the cryptocurrency. The company's strategic move into Ethereum aligns with its broader vision of leveraging blockchain technology in the gaming and sports betting industries. With Ethereum's growing importance in the decentralized finance (DeFi) and NFT ecosystems, SharpLink's increased holdings could position the company for future growth opportunities in these emerging markets.

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The surge comes as investors react positively to SharpLink's growing cryptocurrency reserves.</p>\n\n<p>According to the latest update, SharpLink's Ethereum holdings have reached 360,807 ETH as of July 20, 2025. This substantial increase in the company's cryptocurrency assets appears to have boosted investor confidence, driving the stock's pre-market rally.</p>\n\n<p>SharpLink Gaming, which initiated its Ethereum reserve strategy earlier this year, has been aggressively accumulating the cryptocurrency. The company's strategic move into Ethereum aligns with its broader vision of leveraging blockchain technology in the gaming and sports betting industries. 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