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

SharpLink Gaming has secured $200 million in a registered direct offering, with shares priced at $19.50 each, to expand its Ethereum (ETH-USD) treasury beyond $2 billion. The offering was led by A.G.P./Alliance Global Partners, with support from Société Générale and Cantor [3]. The transaction, sourced from four unnamed global institutional investors, is set to close around August 8, 2025, and is expected to strengthen the company’s position as a top corporate holder of the digital asset [5].

The move has already had a measurable impact on the market. SharpLink’s shares rose nearly 5% following the announcement, reflecting investor confidence in the company’s strategy. Meanwhile, Ethereum’s price climbed to $3,812.71, signaling broader institutional support for the asset [1]. Joseph Chalom, SharpLink’s Co-Chief Executive Officer, emphasized the significance of the funding round, stating that it “further validates our mission to be the world’s leading ETH treasury” [3].

This capital raise builds on SharpLink’s prior commitment to Ethereum, including a recent acquisition of 83,561 ETH for $304 million, which was reported as an unrealized gain in the second quarter of 2025 [9]. The firm’s continued investment underscores a growing trend of corporate adoption of crypto assets, with Ethereum increasingly seen as a strategic addition to corporate treasuries for diversification and risk management.

Analysts suggest that such institutional commitments could enhance Ethereum’s liquidity and market appeal. However, they caution that these benefits remain speculative, and actual outcomes will depend on broader market conditions and regulatory developments [6]. The staking capabilities of Ethereum also stand to benefit from increased corporate participation, which may influence network dynamics and overall asset performance [7].

By aligning with a strategy similar to MicroStrategy’s Bitcoin approach, SharpLink is reinforcing the narrative of Ethereum as a valuable and versatile digital asset. The firm’s focus on ETH reflects its belief in the asset’s utility and long-term potential, despite ongoing volatility and regulatory uncertainties [8].

Source:

[1] SharpLink Gaming raises $200M in direct stock sale to buy more ether (https://seekingalpha.com/news/4481724-sharplink-gaming-raises-200m-in-direct-stock-sale-to-buy-more-ether)

[2] Ethereum News Today: SharpLink raises $200M to push Ethereum holdings past $2 billion threshold (https://www.ainvest.com/news/ethereum-news-today-sharplink-raises-200m-push-ethereum-holdings-2-billion-threshold-2508/)

[3] SharpLink Gaming secures $200 million from global institutional investors (https://cryptobriefing.com/ether-treasury-expansion-sharplink/)

[4] SharpLink Eyes $2B Ethereum Treasury After Major $200M Fundraise (https://coincentral.com/sharplink-eyes-2b-ethereum-treasury-after-major-200m-fundraise/)

[5] SharpLink Secures $200M to Double Down on ETH Strategy (https://www.tradingview.com/news/cryptonews:b7c5b68a2094b:0-sharplink-secures-200m-to-double-down-on-eth-strategy-institutions-buying-eth/)

[6] SharpLink Secures $200M Investment to Expand $2B (https://www.stocktitan.net/news/SBET/sharp-link-enters-into-purchase-agreements-with-select-institutional-59dg1di3azxv.html)

[7] MetaEra on X: "Sharplink Gaming to Raise $200M to Expand ... (https://x.com/MetaEraHK/status/195350186****585110)

[8] SharpLink Raises $200M to Strengthen Ethereum Holdings (https://thecryptobasic.com/2025/08/07/sharplink-raises-200m-to-strengthen-ethereum-holdings-eyes-2b-treasury-milestone/)

[9] SharpLink raises $200m to power Ethereum treasury past $2B threshold (https://www.mexc.com/news/sharplink-raises-200m-to-power-ethereum-treasury-past-2b-threshold/64155)