SharpLink buys another 54 million USD in ETH, now holds 1.65 billion USD worth of ether

In a recent move, SharpLink purchased 15,822 ETH for about 53.9 million USD, increasing its total holdings to 480,031 ETH valued at 1.65 billion USD. The company executed this acquisition within 48 hours, investing 108.57 million USD in USDC for a substantial number of ETH.

With the Ether Machine also buying substantial amounts of ETH, corporations are betting big on Ethereum. This trend reflects a growing trust in Ethereum’s potential as essential infrastructure for the digital economy.

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