SharpLink just raised the stakes with $400 million

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Once upon a time, SharpLink Gaming was just your average online gaming marketer. Nothing flashy.

Then something changed. They started stacking Ethereum like a secret weapon. From a modest pile to a mountain, nearly 600,000 ETH as of now, worth over $2.5 billion.

Ethereum is the future?

Now, here’s where the story takes a sharp turn. SharpLink pulled off a slick, strategic move, raising $400 million by selling shares at $21.76 each to five global investors.

It’s a capital infusion aimed at jogging their Ethereum stash over the $3 billion mark.

That’s about 1% of the entire ETH supply, you know Throw in another $200 million from market program proceeds waiting in the wings, and we’re talking serious firepower.

Joseph Chalom, the co-CEO, put it plainly, investor confidence is booming.

In just a week, SharpLink raised nearly $900 million, showing that the big players trust this ETH treasury strategy like it’s the family business. Ethereum’s potential is the future, and SharpLink’s claiming their piece of the pie.

Corporate Ethereum treasuries

But it ain’t all smooth sailing. The stock? Opened at $24, jumped to a high of $28 before cooling off and closing at $22 the same day.

Market’s a textbook rollercoaster. Still, despite the dip, it’s up over 17% in the past week. Not bad for a company that’s remaking itself right in front of our eyes.

So here’s the new paradigm, public institutions are moving in, building Ethereum treasuries like BitMine, or BitDigital did.

BitMine alone holds over 1.2 million ETH. Analysts reckon these corporate treasuries could control up to 10% of Ethereum’s total supply one day. Imagine reading this five ears ago!

New ATH

Ethereum’s price ride has been real, too, hitting $4,200, climbing over 9.5% in the past week and 45% in a month.

Despite trading below its ATH, market predictions show most users believe ETH will smash past records by year-end.

And the thing is, SharpLink’s not just simply hoarding ETH. That would be likely enough, but they’re doing more.

They’re integrating blockchain into financial management, staking their ETH to earn rewards, aligning with decentralized finance’s booming future. There are risks, of course, but you know how they say, no risk, no reward.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

András Mészáros
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

📅 Published: August 13, 2025 • 🕓 Last updated: August 13, 2025
✉️ Contact: [email protected]

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