Ethereum News Today: SharpLink Adds $264.5M in Ethereum Boosting Holdings 19% in a Week

SharpLink Gaming (Nasdaq: SBET) has executed one of the most significant Ethereum purchases in corporate history, acquiring 83,561 ETH valued at $264.5 million during the week of July 28 to August 3, 2025 [1]. This acquisition brought the company’s total Ethereum holdings to 521,939 ETH, representing a 19% increase from the prior week [2]. The move underscores the company’s aggressive strategy to build a large Ethereum treasury, which is now generating yield through full staking. Since initiating the strategy on June 2, 2025, SharpLink has earned 929 ETH in staking rewards [3].

The company’s ETH concentration per 1,000 diluted shares rose to 3.66 from 3.40 the previous week [4]. This represents an 83% increase since the strategy began, highlighting the deep integration of Ethereum into SharpLink’s capital structure. Co-CEO Joseph Chalom has stated that the company is actively exploring capital-raising options—including potential debt or equity offerings—to further accelerate its Ethereum accumulation [5].

SharpLink’s total Ethereum holdings now place it as the second-largest institutional holder worldwide, just behind Bitmine Immersion Technologies, which holds over 833,000 ETH [6]. The company is funding these purchases entirely through its At-the-Market (ATM) equity facility, ensuring no debt is involved. This approach allows it to maintain a high level of exposure to Ethereum without incurring financial risk.

The strategy aligns with a broader trend in institutional finance, where digital assets are being reclassified as strategic reserves rather than speculative holdings. By staking Ethereum, SharpLink not only generates predictable yield but also supports the network’s security and decentralization. This model offers a compelling narrative for traditional investors who value steady returns and transparency.

SharpLink’s actions reflect a growing shift in corporate treasury management, with Ethereum increasingly viewed as a core asset. As more companies follow this trend, the demand for Ethereum is likely to remain strong, reinforcing its role as a key player in the evolving institutional crypto landscape.

Source:

[1] Cointribune, [https://www.cointribune.com/en/sharplink-strikes-big-264-5-million-ethereum-buy-in-just-one-week/](https://www.cointribune.com/en/sharplink-strikes-big-264-5-million-ethereum-buy-in-just-one-week/)

[2] Yahoo Finance, [https://finance.yahoo.com/news/ethereum-treasury-sharplink-adds-265-141451252.html](https://finance.yahoo.com/news/ethereum-treasury-sharplink-adds-265-141451252.html)

[3] Barchart.com, [https://www.barchart.com/story/news/33883895/sharplink-increases-total-eth-holdings-to-521-939-as-of-august-3-2025-raised-264-5-million-in-atm-net-proceeds-for-week-of-july-28-august-1-2025](https://www.barchart.com/story/news/33883895/sharplink-increases-total-eth-holdings-to-521-939-as-of-august-3-2025-raised-264-5-million-in-atm-net-proceeds-for-week-of-july-28-august-1-2025)

[4] AInvest, [https://www.ainvest.com/news/ethereum-news-today-sharplink-ethereum-holdings-hit-2-billion-record-weekly-purchase-2508/](https://www.ainvest.com/news/ethereum-news-today-sharplink-ethereum-holdings-hit-2-billion-record-weekly-purchase-2508/)

[5] AInvest, [https://www.ainvest.com/news/ethereum-news-today-sharplink-buys-83-561-eth-264-5m-largest-corporate-eth-purchase-2508/](https://www.ainvest.com/news/ethereum-news-today-sharplink-buys-83-561-eth-264-5m-largest-corporate-eth-purchase-2508/)

[6] CoinCentral, [https://coincentral.com/sharplink-gaming-expands-ethereum-holdings-to-over-521000-eth/](https://coincentral.com/sharplink-gaming-expands-ethereum-holdings-to-over-521000-eth/)