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SharpLink acquired 24,371 ETH via Coinbase Prime on Monday, worth $73.25M
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The company has added over 62,000 ETH in the past four days
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Its Ethereum treasury now totals approximately 294,000 ETH
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SharpLink shares rose 10.3% Monday, up 78% in the past month
Rapid Accumulation Continues
SharpLink Gaming has continued its aggressive Ethereum accumulation, adding 24,371 ETH valued at $73.25 million on Monday. The purchase, confirmed via Arkham Intelligence data, came through a Coinbase Prime hot wallet.
This latest buy follows $63.7 million and $48.85 million ETH purchases made on Friday and Sunday, respectively. In total, SharpLink has acquired 62,232 ETH in just four days.
Ethereum Treasury Strategy Under Lubin
SharpLink's Ethereum strategy launched in late May after a $425 million private placement led by Consensys, with Ethereum co-founder Joseph Lubin becoming chairman. To date, it holds around 294,000 ETH and has staked over 74,000, according to EmberCN.
Shares of SharpLink (SBET) closed up 10.3% at $23.88 on Monday, continuing a sharp rally tied to the company’s pivot toward Ethereum-based treasury management.
