TL;DR
- SharpLink added 83,562 ETH worth $264.5 million between July 28 and August 3, lifting its total holdings to 521,939 ETH valued at $1.91 billion and staking all tokens.
- The firm’s cumulative staking rewards reached 929 ETH, worth over $3.3 million, and the ETH concentration per share metric climbed to 3.66, up 83 percent since the program began.
- SharpLink retains its position as a leading public corporate ETH holder, competing with players like BitMine and the Ethereum Foundation amid rising institutional demand.
Digital asset investment firm SharpLink added a fresh haul of Ether to its treasury, purchasing 83,562 ETH for $264.5 million at an average price of $3,634 per token. Completed between July 28 and August 3, the acquisition lifts SharpLink’s total holdings to 521,939 ETH, valued at roughly $1.91 billion based on current market rates.
This move underlines SharpLink’s commitment to its bold Ethereum accumulation strategy and reinforces its status as one of the largest public corporations backing the blockchain.
NEW: SharpLink now holds 521,939 ETH
Between July 28 – August 3, SharpLink acquired 83,561 ETH for $264.5M at an average price of $3,634
ETH-per-share (“ETH Concentration”) is now 3.66, up from 3.40 last week, and has increased 83% since we began the strategy on June 2nd
100%… pic.twitter.com/X1MFXFDj37
— SharpLink (SBET) (@SharpLinkGaming) August 5, 2025
Major Purchase Boosts ETH Holdings
Following the latest $264.5 million investment, SharpLink’s Ether reserves have jumped by more than 19.1 percent in less than a month. The firm first launched its aggressive ETH acquisition plan in early June, acquiring 176,271 tokens for $463 million to become the top publicly traded Ether holder at that time. While it was subsequently surpassed by peers, this latest buy in late July cements its position as a heavyweight in the ETH treasury race.
Strategic Staking and Rewards
All of SharpLink’s Ether is actively staked in Ethereum’s proof-of-stake network, generating native yield and contributing to protocol security. To date, the company has earned 929 ETH, worth over $3.3 million, through staking rewards. The decision to stake rather than hold liquid tokens aligns with the firm’s vision of ensuring long-term value through network participation and passive income generated on the decentralized ledger.
ETH Concentration and Shareholder Impact
SharpLink tracks its performance via an ETH-per-share metric called ETH Concentration, which now stands at 3.66 ETH per outstanding share. This figure reflects an 83 percent increase since the accumulation program’s inception. By providing direct exposure to Ether, the company aims to attract investors seeking inflation-resistant digital assets and to differentiate itself from traditional corporate treasuries.
Market Context and Competitive Standing
As institutional interest in Ethereum surges, SharpLink faces stiff competition from other public entities such as BitMine and the Ethereum Foundation. The latest purchase underscores a race to build substantial ETH reserves. Industry analysts predict that companies with clear treasury strategies and transparent reporting will be best positioned to capture investor confidence as regulatory clarity around digital assets improves.
