In a First for the Industry, SharpLink Buys Almost 75,000 Ethereum. Here’s Why Investors Should Take Note.
A beneficial factor that’s gaining momentum is the trend of businesses incorporating Ethereum into their financial reserves. SharpLink Gaming (SBET) is spearheading this movement, having acquired 74,656 Ethereum coins from July 7 to July 13, bringing their total holdings to 280,706. At the time of writing (July 21), these coins are valued at over $1 billion. Currently, SharpLink Gaming holds more Ethereum than any other organization globally, even surpassing the Ethereum Foundation’s holdings.