Ethereum News Today: SharpLink Raises $200M to Expand Ethereum Holdings Beyond $2 Billion

SharpLink has completed a $200 million direct share offering at $19.50 per share, led by four global institutional investors, including A.G.P./Alliance Global Partners and Société Générale, with Cantor serving as the financial advisor [2]. The proceeds from the offering will be directed toward significantly expanding the company’s Ethereum (ETH) treasury, with the goal of pushing its ETH holdings beyond $2 billion in value [1]. This strategic move reflects SharpLink’s long-term vision to grow its ETH per share through accumulation and staking, mirroring the approach previously adopted by MicroStrategy with Bitcoin [3].

The firm has outlined a clear three-part strategy: accumulate ETH, stake ETH, and grow ETH per share. This approach is designed to leverage Ethereum’s post-merge proof-of-stake model, generating passive yield while enhancing the company’s crypto-native balance sheet [1]. SharpLink currently holds 198,167 ETH, valued at approximately $2 billion, with a recent addition of 9,468 ETH to its treasury [6]. The company’s CEO, Joseph Chalom, has stated that the institutional backing reinforces SharpLink’s mission to become the world’s leading ETH treasury [3].

The capital raise has had an immediate impact on the company’s stock performance, with shares of SharpLink (SBET) rising 4.74% to $23.19 following the announcement [3]. The offering is expected to close on or around August 8, 2025 [3]. Institutional support is seen as a key indicator of broader confidence in Ethereum’s long-term value and its growing adoption in corporate treasury strategies [1]. The move also positions SharpLink as a central player in the Ethereum ecosystem and could encourage other firms to explore ETH accumulation and staking as part of their financial planning.

Ethereum’s recent performance has provided additional momentum to SharpLink’s strategy, with the asset experiencing a 4.61% increase in the past 24 hours and a trading volume of over $35 billion, according to CoinMarketCap [3]. The company is also supported by major names in the crypto space, including Consensys, Galaxy Digital, and Pantera Capital [3]. By focusing on Ethereum over more speculative altcoins, SharpLink is aligning itself with a more stable and mature digital asset that is increasingly being integrated into institutional portfolios.

SharpLink’s approach represents a shift from traditional corporate treasury models, which often rely on cash or bonds, to a crypto-native model that prioritizes digital assets and yield generation. The firm is actively exploring additional capital formation opportunities to further concentrate its ETH holdings, reinforcing its commitment to a long-term, growth-oriented strategy in the Ethereum ecosystem [3].

Source:

[1] https://www.ainvest.com/news/ethereum-news-today-sharplink-raises-200m-expand-ethereum-holdings-2-billion-2508/

[2] https://www.stocktitan.net/news/SBET/sharp-link-enters-into-purchase-agreements-with-select-institutional-59dg1di3azxv.html

[3] https://www.cryptotimes.io/2025/08/08/sharplinks-200m-deal-pushes-eth-holdings-beyond-2-billion/

[6] https://www.reddit.com/r/ethtrader/comments/1mk2qby/sharplinks_ethereum_treasury_to_surpass_2_billion/