After successfully raising $76.5 million, SharpLink continues executing its digital asset management strategy launched in June.
According to an official company statement, it purchased 19,271 ETH at an average price of $3,892 per coin. The company’s total Ethereum portfolio is now valued at approximately $3.5 billion.
Since launching its Ethereum custody and staking program in June, SharpLink has already earned around 5,671 ETH (roughly $23 million) from staking yields.
SharpLink became the first publicly traded company to officially build a corporate treasury strategy centered on Ethereum. The initiative was announced on May 27 through a Private Investment in Public Equity (PIPE) round totaling $425 million. Since then, SharpLink’s stock price has surged by over 450% in just six months, according to Yahoo Finance.
Based on the latest Strategicethreserve.xyz data, there are 69 companies globally using Ethereum as a corporate reserve. Collectively, they hold 5.74 million ETH, with BitMine remaining the largest holder, owning 3.24 million ETH valued at about $13 billion.