BlockBeats News, July 29, according to Cointelegraph report, Ethereum co-founder and ConsenSys CEO Joe Lubin is one of the Ethereum Treasury strategists at SharpLink Gaming. He hopes the company will accumulate Ethereum (ETH) for its shareholders as quickly as possible, sounding the "battle cry" for enterprises vying to become the top ETH hoarder.
Joe Lubin said: "We believe that on a per-share (fully diluted) basis, our rate of ETH accumulation will surpass any other Ethereum project, certainly faster than Bitcoin-related projects. SharpLink is accumulating funds 'daily' through a market-price issuance mechanism to expand its ETH reserve, while staking its existing holdings to earn rewards and achieve compounding growth."
SharpLink is in competition with BitMine for the position of "Top Ethereum Treasury Company." According to data from StrategicETHReserve, BitMine currently leads temporarily, holding 566,800 ETH, valued at approximately $2.13 billion; while SharpLink is in second place with 360,800 ETH, valued at around $1.35 billion.
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