SharpLink Boosts Ethereum Holdings to Nearly $3.6 Billion
SharpLink, a prominent Ethereum treasury firm, has intensified its ETH purchases. by the end of August 2025, the company increased its portfolio to nearly 800,000 ETH, worth around $3.6 billion.
In just one week, SharpLink raised $360.9 million through at-the-market share sales. They used this money to acquire over 56,000 ETH at an average cost of $4,462 each.This aggressive strategy shows SharpLinkS strong belief in Ethereum’s potential.
- $360.9 million raised for ETH buys this week.
- Current ETH holdings: 797,704 coins, valued at $3.6 billion.
- Total staking rewards: 1,799 ETH since June 2.
Though, this financial move has also led to a share price drop. SharpLink’s stock price fell from $37.38 in July to $19.83. To counteract this, the company announced a plan to buy back up to $1.5 billion worth of shares if prices fall below the net asset value linked to its ETH holdings.
SharpLink still holds $200 million in cash for more ETH purchases. Their continued commitment signals Ethereum’s growing importance in the crypto world.
