Lates News

SharpLink (Nasdaq code: SBET) announced on the X platform that the company has purchased approximately 56,533 ETH at an average price of about $4,462. As of August 26, 2025, the company holds 797,704 ETH worth around $3.7 billion. The main highlights of the week ending August 24, 2025 include: 1. Raised a net income of $360.9 million through ATM facilities last week. 2. The total staking rewards have increased to 1,799 ETH since the launch of the financial strategy on June 2, 2025. 3. Around $200 million in cash remains unused for ETH purchases. 4. The concentration of ETH based on cash conversion has risen by over 100% since June 2, 2025, exceeding 4.00.