SharpLink Gaming stock soars as Ethereum treasury firm boosts stash to 527 million USD

SharpLink Gaming has boosted its Ethereum (ETH) holdings to 205,634 coins, representing over 527 million USD. The purchase of 7,689 ETH occurred between June 28 and July 4, 2025, at an average price of 2,501 USD per coin.

Following this announcement, SharpLink’s stock (NASDAQ: SBET) increased nearly 26%, closing at approximately 16 USD per share. This significant uptick shows investors’ strong response to the company’s treasury strategy centered around Ethereum.

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