SharpLink Adds 15,822 Ethereum, Total Assets Reach US$1.65 Billion

Publicly traded crypto investment firm SharpLink has further solidified its dominance in the Ethereum market through a major acquisition. Over the past 24 hours, SharpLink accumulated 15,822 ETH, valued at approximately US$53.9 million. With this addition, the company’s total Ethereum holdings now stand at 480,031 ETH, equivalent to US$1.65 billion based on current market prices.

Two Consecutive Days of Aggressive Buying

According to the latest on-chain data, SharpLink has deployed US$108.57 million over just two days to acquire 30,755 ETH, with an average purchase price of US$3,530 per ETH. One of the largest single transactions recorded was 6,914 ETH, worth US$23.56 million, executed through the Arkham Intelligence platform. This move marks an aggressive phase in the company’s strategy to bolster its Ethereum treasury reserves.

Acquisition History and Market Position

This is not the first time SharpLink has executed such large-scale accumulation. In the final week of July, the company added 79,949 ETH, which brought its total holdings to 360,807 ETH—then valued at around US$1.3 billion. With the latest addition, SharpLink has now positioned itself among the largest public holders of Ethereum globally.

Long-Term Corporate Strategy

Analysts believe this move is not part of a short-term speculation but rather a component of a long-term investment strategy. SharpLink has even begun converting part of its ETH portfolio into staking positions, reflecting a strategic approach similar to MicroStrategy’s stance on Bitcoin.

SharpLink’s CEO referred to Ethereum as “the digital infrastructure of the future” in the world of tokenization and decentralized finance.

Market Impact and Investor Sentiment

Large-scale Ethereum holdings by corporate entities such as SharpLink have a significant influence on the broader crypto market:

• They reduce the spot supply of ETH, which can ease sell-side pressure in open markets.

• They enhance institutional confidence, potentially pushing ETH past the US$4,000 resistance level if demand continues to grow.

• They add market stability, as large investors like SharpLink tend to avoid short-term profit-taking, instead favoring dollar-cost averaging strategies.

Rising Trend of Corporate Accumulation

SharpLink is not the only major player actively accumulating Ethereum. Crypto firm The Ether Machine reportedly acquired 15,000 ETH—valued at around US$56.9 million—during roughly the same period. Their total Ether holdings now stand at 334,757 ETH, making them one of the largest non-Foundation Ethereum holders.

Ethereum as a Pillar of Corporate Financial Strategy

This wave of massive accumulation reinforces SharpLink’s role as a pioneer in adopting Ethereum as a strategic treasury asset. Ethereum is increasingly being viewed not just as a speculative instrument, but as a foundational component in the architecture of future corporate finance.