SharpLink increases holdings by 77,210 Ethereum, bringing total to approximately 438,000

According to an official announcement reported by Jinse Finance, SharpLink (stock code: SBET) increased its holdings by approximately 77,210 ETH between July 21 and 27, with a total transaction value of around $290 million and an average purchase price of $3,756 per ETH. Following this increase, the company’s total Ethereum holdings have reached about 438,190 ETH, with its Ethereum concentration rising from 3.06 last week to 3.40. Since implementing its reserve strategy on June 2, the company’s Ethereum concentration has grown by approximately 70%. In addition, the company has accumulated staking rewards totaling about 722 ETH.