At the time of writing, Ether
It is quoted at around $ 2,505, 0.56% more in the last 24 hours, according to the technical analysis model of Coindesk Research. As for the broader cryptographic market as measured by the Coindesk 20 index (CD20)It rose 0.34% during the same period.
Sharplink Gaming, Inc. (Sbet) It is a pioneer online marketing company specialized in sports betting and igaming industries. Based in Minneapolis, Sharplink takes advantage of its C4 platform with AI engine to offer personalized marketing content and based on data that improves the acquisition and retention of customers for sports helmets and casinos operators. The company has expanded through strategic acquisitions and associations, establishing itself as leader in the evolutionary sports betting ecosystem.
On July 4, 2025, Sharplink announced in X that it has become the first company that is quoted in the bag to adopt ETH as its main treasure reserve asset. The company described a comprehensive treasury strategy focused on accumulating ETH, rethinking and growing the ETH per action to create a long -term shareholders’ value.
Sharplink emphasized that his goal is not just to maintain ETH, but actively implement it through native betting, rest and Ethereum performance strategies. The company highlighted the advantages of ETH as a corporate reserve asset: it is productive through reference rewards, composed through decentralized financial protocols, scarce, safe and aligned with the infrastructure of the future Internet. This approach represents a bold redefinition of traditional treasure management, integrating the principles of decentralized finance in corporate finances.
This strategic pivot began with a private location of $ 425 million announced on May 27, directed by consensys and other prominent cryptographic investors, to finance the acquisition of ETH as the main asset of the Sharplink treasure. Joseph Lubin, co -founder of Ethereum and founder of Consensys, joined the Sharplink Board of Directors as president when closing this placement, reinforcing the company’s commitment to Blockchain’s innovation.
Since officially launched its ETH Treasury strategy on June 2, Sharplink has aggressively expand its holdings of Ethereum. Between May 30 and June 12, 2025, the company acquired approximately 176,271 ETH for approximately $ 463 million at an average price of $ 2,626 per ETH.
After this, from June 16 to June 20, Sharplink bought 12,207 ETH additional for approximately $ 30.7 million, partially financed at $ 27.7 million collected through the market in the market (ATM) Capital sales.
By June 24, Sharplink Holdings ETH reached 188,478 ETH, with 100% of these reserves deployed in rethinking solutions that generate reference rewards. And for July 1, the Treasury expanded even more to 198,478 ETH, which produced more than 220 eth in rewards since the beginning of the strategy.
Joseph Lubin has declared that integrating Ethereum into the core of Sharplink’s capital strategy incorporates technological progress and institutional trust, positioning the company to lead the evolution of digital trade. Meanwhile, the CEO Rob Phythian has noticed that the next Celling Bell Celling de Nasdaq of Sharplink on July 7, 2025, will symbolize this new chapter, showing how digital assets can coexist with public market discipline and corporate governance.
Sharplink’s Ethereum Treasury strategy uniquely positions the company at the crossroads of sports betting, blockchain technology and decentralized finance, offering investors regulated and transparent exhibits to the Ethereum growth potential while the Sharplink mission progresses to innovate the multimillionary igamication industry.
TECHNICAL ANALYSIS
- ETH won 2.2% from July 4 from 3:00 p.m. to 5, 14:00, rising from $ 2,475.48 to $ 2,530.02.
- A strong sale between 13:06 and 14:05 went down to ETH to $ 2,514.85 before buyers intervened.
- The strong support was formed between $ 2,480 and $ 2,500 during the 4:00 p.m. on July 5, with 382,821 ETH negotiated.
- A bullish breakdown on July 4 at 22:00 lifted ETH above $ 2,520, with confirmed resistance about $ 2,530.
- ETH consolidated around $ 2,515 with reduced volatility signs and an ascending recovery trend line after 13:40.
- The impulse is still neutral in the short term but structurally optimistic given a broader upward trend since the end of June.
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