Stock Track | SharpLink Gaming Soars 12.88% as It Becomes World's Largest Corporate Ethereum Holder

Stock Track

16 Jul

SharpLink Gaming (SBET) stock surged 12.88% in the 24-hour period, extending its impressive monthly gain to over 150%. The dramatic rise comes after the company announced it had become the world's largest corporate holder of Ethereum (ETH), a major cryptocurrency.

According to the announcement made on July 15, 2025, SharpLink Gaming now holds 285,894 ETH, valued at approximately $8.7 billion. The company aggressively expanded its holdings between July 7 and July 13, acquiring 74,656 Ethereum tokens at a weighted average price of $2,852 per token. This strategic move positions SharpLink Gaming ahead of other corporate accumulators in the digital asset space and even surpasses the Ethereum Foundation's holdings.

The timing of SharpLink's Ethereum acquisition coincides with a broader cryptocurrency market rally. Ethereum recently breached the psychologically significant $3,000 barrier, reaching its highest level in nearly five months. This bold step into blockchain technology could have far-reaching implications for SharpLink Gaming's future operations and market position, potentially reshaping industry norms and opening up new possibilities for blockchain integration in the gaming sector. Investors and market analysts will be closely watching how the company leverages this substantial cryptocurrency investment to drive growth and innovation in the rapidly evolving digital asset landscape.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1101621243"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1101621243\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/1101621243?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-16 08:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1101621243","market":"sg","top_or_hot":-1,"title":"Stock Track | SharpLink Gaming Soars 12.88% as It Becomes World's Largest Corporate Ethereum Holder","media":"Stock Track","content":"<p>SharpLink Gaming (SBET) stock surged 12.88% in the 24-hour period, extending its impressive monthly gain to over 150%. The dramatic rise comes after the company announced it had become the world's largest corporate holder of Ethereum (ETH), a major cryptocurrency.</p>\n\n<p>According to the announcement made on July 15, 2025, SharpLink Gaming now holds 285,894 ETH, valued at approximately $8.7 billion. The company aggressively expanded its holdings between July 7 and July 13, acquiring 74,656 Ethereum tokens at a weighted average price of $2,852 per token. This strategic move positions SharpLink Gaming ahead of other corporate accumulators in the digital asset space and even surpasses the Ethereum Foundation's holdings.</p>\n\n<p>The timing of SharpLink's Ethereum acquisition coincides with a broader cryptocurrency market rally. Ethereum recently breached the psychologically significant $3,000 barrier, reaching its highest level in nearly five months. This bold step into blockchain technology could have far-reaching implications for SharpLink Gaming's future operations and market position, potentially reshaping industry norms and opening up new possibilities for blockchain integration in the gaming sector. Investors and market analysts will be closely watching how the company leverages this substantial cryptocurrency investment to drive growth and innovation in the rapidly evolving digital asset landscape.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SharpLink Gaming Soars 12.88% as It Becomes World's Largest Corporate Ethereum Holder</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SharpLink Gaming Soars 12.88% as It Becomes World's Largest Corporate Ethereum Holder\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-07-16 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SharpLink Gaming (SBET) stock surged 12.88% in the 24-hour period, extending its impressive monthly gain to over 150%. The dramatic rise comes after the company announced it had become the world's largest corporate holder of Ethereum (ETH), a major cryptocurrency.</p>\n\n<p>According to the announcement made on July 15, 2025, SharpLink Gaming now holds 285,894 ETH, valued at approximately $8.7 billion. The company aggressively expanded its holdings between July 7 and July 13, acquiring 74,656 Ethereum tokens at a weighted average price of $2,852 per token. This strategic move positions SharpLink Gaming ahead of other corporate accumulators in the digital asset space and even surpasses the Ethereum Foundation's holdings.</p>\n\n<p>The timing of SharpLink's Ethereum acquisition coincides with a broader cryptocurrency market rally. Ethereum recently breached the psychologically significant $3,000 barrier, reaching its highest level in nearly five months. This bold step into blockchain technology could have far-reaching implications for SharpLink Gaming's future operations and market position, potentially reshaping industry norms and opening up new possibilities for blockchain integration in the gaming sector. Investors and market analysts will be closely watching how the company leverages this substantial cryptocurrency investment to drive growth and innovation in the rapidly evolving digital asset landscape.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SBET","symbol_name":"SharpLink Gaming","start_time":0,"source_url":"","article_id":"1101621243","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101621243","pubTimestamp":1752624144,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SharpLink Gaming (SBET) stock surged 12.88% in the 24-hour period, extending its impressive monthly gain to over 150%. The dramatic rise comes after the company announced it had become the world's...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SBET":"SharpLink Gaming"},"translate_title":"个股追踪|SharpLink Gaming大涨12.88%成全球最大企业以太币持有者","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SBET":1},"content_text":"SharpLink Gaming (SBET) stock surged 12.88% in the 24-hour period, extending its impressive monthly gain to over 150%. The dramatic rise comes after the company announced it had become the world's largest corporate holder of Ethereum (ETH), a major cryptocurrency.\nAccording to the announcement made on July 15, 2025, SharpLink Gaming now holds 285,894 ETH, valued at approximately $8.7 billion. The company aggressively expanded its holdings between July 7 and July 13, acquiring 74,656 Ethereum tokens at a weighted average price of $2,852 per token. This strategic move positions SharpLink Gaming ahead of other corporate accumulators in the digital asset space and even surpasses the Ethereum Foundation's holdings.\nThe timing of SharpLink's Ethereum acquisition coincides with a broader cryptocurrency market rally. Ethereum recently breached the psychologically significant $3,000 barrier, reaching its highest level in nearly five months. This bold step into blockchain technology could have far-reaching implications for SharpLink Gaming's future operations and market position, potentially reshaping industry norms and opening up new possibilities for blockchain integration in the gaming sector. Investors and market analysts will be closely watching how the company leverages this substantial cryptocurrency investment to drive growth and innovation in the rapidly evolving digital asset landscape.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}