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Nasdaq-listed SharpLink Gaming has purchased another $48.85 million in Ethereum, continuing its aggressive crypto treasury strategy. The move follows a $63.7 million ETH acquisition just days earlier, signaling strong institutional interest. Ethereum co-founder Joe Lubin, now SharpLink’s chairman, is steering the firm toward long-term ecosystem stewardship.
- SharpLink’s Ethereum reserves now total $648M, making it the second-largest holder after the Ethereum Foundation.
- Ethereum co-founder Joe Lubin, now SharpLink’s chairman, is driving the firm’s pivot to crypto treasury management.
- SharpLink’s shares surged 71% in a week as its ETH acquisitions fuel investor confidence.
📎 Related coverage from: decrypt.co
Other Tags: Alex Svanevik, Consensys, Joe Lubin, Nansen, Galaxy Digital, Ethereum Foundation, Nasdaq