largest corporate Ethereum holder

Key Points:* SharpLink raises $413 million to acquire Ethereum.

  • SharpLink becomes the largest corporate holder of Ethereum with 280,706 ETH.
  • 99.7% of SharpLink’s ETH holdings are staked. SharpLink’s $413 million raise makes it the largest corporate ETH holder.

SharpLink Gaming, Inc. has secured approximately $413 million in net proceeds between July 7 and 11, with $156 million allocated to purchasing Ethereum (ETH). This acquisition elevates SharpLink as the largest corporate holder of Ethereum globally, with implications for future treasury models.

SharpLink Acquires 74,656 ETH, Shifts Treasury Strategies

SharpLink, raising $413 million, acquired 74,656 ETH, averaging $2,852 per coin. Their holdings now stand at 280,706 ETH, boosting market liquidity and corporate treasury practices.

Transformation in Ethereum strategy is crucial due to increased emphasis on staking, as 99.7% of ETH holdings are staked for possible yield enhancements.

Industry response remains subdued, but SharpLink’s strategy is noted for pushing traditional corporate boundaries, emphasizing staking utility and increased ETH concentration.

Ethereum Price Surge and Staking Implications

Did you know? SharpLink’s staking of 99.7% of its ETH holdings is an unprecedented move among corporate treasuries, positioning SharpLink at the forefront of institutional staking and setting a precedent for future adopters.

As of July 16, 2025, Ethereum’s price climbed to $3,155.41, with a market cap of approximately $380.90 billion. A 97.78% rise over three months is notable, highlighting Ethereum’s market role. This data is attributed to CoinMarketCap.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 09:42 UTC on July 16, 2025. Source: CoinMarketCap The Coincu research team observes that SharpLink’s expanded ETH holdings might increase scrutiny of staking practices. Expect regulatory interest alongside potential volatility in staking projects linked to large-scale corporate involvement.

| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)