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Benzinga
Benzinga
Business
Dylan Berman

SharpLink Gaming Stock Gains After Announcing Ethereum Purchase

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SharpLink Gaming (NASDAQ:SBET) shares are trading higher after the company announced it purchased 10,000 units of Ethereum (CRPYTO:ETH).

What To Know: SharpLink said it acquired 10,000 ETH from the Ethereum Foundation for $25,723,680, or $2,572.37 per ETH. The deal closed July 10, 2025, and the company now holds Ethereum as its primary treasury reserve asset.

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