Sharplink enhances the treasury strategy with the buying of Ethereum worth 48 million USD, shares increased sharply in the overtime trading session
Sharplink Gaming Sports Technology and Game Company listed on Nasdaq has just announced the purchase of Ethereum worth $ 48 million, marking the next strategic step in the effort to convert the digital treasury model. This move not only strengthens the position of Sharplink in the Ethereum ecosystem, but also brings SBET shares soaring in the after -hour transaction, reflecting the increasing beliefs of investors in the orientation of the business long -term assets of the business.
Strategic transactions to strengthen beliefs
According to the company's internal information, the buying of $ 48 million Ethereum is carried out directly from the secondary market, with the average price that has not been disclosed but is estimated to be near the $ 2,600/ETH region. This is the third largest ETH purchase in less than a month, bringing Sharplink's total ETH to one of the largest public Ethereum treasures globally, surpassing traditional cryptocurrency companies such as digital bitmine or bitmine.
Notably, all ETH bought Sharplink is committed to taking Staking and Restaking, partly in the strategy of creating passive cash flow from digital assets, and contributing to Ethereum network security.
SBET shares reacted positively
Immediately after the additional ETH buying information was published, SBET shares increased by 11.7% in the overtime session, from 19.3 USD to 21.6 USD marking an increase of more than 40% in just two weeks. This boom reflects the positive market expectations of the Ethereum storage strategy, in the context of investors increasingly seeking anchored assets into the Blockchain ecosystem directly and controlled.
"The investment in Ethereum is not only a financial strategy," said President Sharplink Joseph Lubin, co -founder of Ethereum and CEO of Consensys. "We believe that ETH is a decentralized infrastructure (DEFI), and accumulating it is the best way to protect values in the future."
From sports technology to the pioneer of digital property
Sharplink is famous in the field of sports development, online data and fantasy games in the US market. However, since the beginning of 2025, the company has publicly oriented to become a public enterprise pioneering in storing Ethereum as part of the balance sheet of strategic assets. This is a strong transformation in the context of global organizations began to seriously see ETH not only as a cryptocurrency, but also a digital property that plays a similar role in "digital oil" in the future web3.
Unlike traditional financial institutions that often access Ethereum through the ETF, Sharplink goes in the direction of Native, which means holding and operating ETH directly on the Ethereum main network, with full transparency on-chain and positive staking mechanism.
Long -term impact and future expectations
With a total investment in ETH currently exceeding the $ 100 million threshold, Sharplink is affirming the leading position in the wave of businesses with responsible and strategic digital assets. This model is gradually creating a precedent for other technology companies to consider bringing digital assets such as ETH or BTC into the balance sheet, not only as risks of risk prevention but also a source of active profits from decentralized ecosystems.
At the same time, the strong increase in SBET shares also shows that investors are increasingly appreciating the combination of digital assets and sustainable business models, especially in the context of global interest rates gradually cooling down and cash flow is looking for breakthrough growth channels.
Conclusion
Sharplink is gradually transforming from a game company to a long -term financial technology enterprise, with Ethereum as a strategic pillar. As the digital asset market continues to grow up, Sharplink moves not only create a competitive advantage but also contribute to the role of the role of digital assets in the world financial system. With the growth of ETH and the Staking Restaking strategy, many analysts expect the true value of the digital treasury model will continue to be reflected in the price of SBET shares in the near future.