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Benzinga
Benzinga
Business
Henry Khederian

SharpLink Gaming (SBET) Shares Soar After Becoming Largest Corporate Ethereum Holder

SBET SharpLink SharpLink Gaming Ethereum Crypto Cryptocurrency
Eth,Coin,With,Blurred,Candlestick,Chart,In,The,Background.,Ethereum

Shares of Sharplink Gaming Inc (NASDAQ:SBET) are trading higher Wednesday, continuing a rally ignited by recent cryptocurrency announcements. The stock’s momentum follows Tuesday’s news that the company has officially become the world’s largest corporate holder of Ethereum (CRYPTO: ETH).

What To Know: SharpLink disclosed it now holds 280,706 ETH as of July 13. This milestone was achieved through a recent purchase of 74,656 ETH at an average price of $2,852.

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