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SharpLink Purchases Record 79,949 ETH — Company Becomes Largest Ether Holder Again
SharpLink Gaming, a sports betting platform, continues to increase its holdings in ETH by purchasing 79,949 ETH for $258.9 million.
➡️ What happened:
🟡 79,949 ETH was purchased at an average price of $3,238, bringing SharpLink’s total holdings to 360,807 ETH, worth about $1.3 billion.
🟡 This purchase has once again made SharpLink the largest public holder of Ether.
➡️ Competition with BitMine:
🟡 BitMine Immersion Technologies recently reported having 300,657 ETH worth over $1 billion.
🟡 After that, BitMine temporarily surpassed SharpLink in terms of volume, but SharpLink’s latest move has reclaimed the top spot.
📌 Investors Boost Interest in Ether:
Amid the rising purchases and statements from companies like ARK Invest and Peter Thiel, the race for the title of the largest corporate Ether holder is gaining momentum. 2 replies
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