SharpLink Gaming (SBET.US), likened to Ethereum's answer to MicroStrategy, climbed over 4% during Tuesday's session, extending its monthly gain to 152%. The company announced that as of July 13, 2025, it has officially become the world's largest corporate holder of Ethereum, possessing 280,706 ETH. Between July 7 and July 13, the firm acquired 74,656 Ethereum tokens at a weighted average price of $2,852 per coin.
This strategic accumulation coincides with surging cryptocurrency markets, where Ethereum breached the $3,000 threshold on July 11—reaching its highest level in nearly five months. The digital asset's bullish momentum has propelled SharpLink's valuation, mirroring MicroStrategy's renowned Bitcoin acquisition strategy. Investors continue monitoring the company's crypto treasury expansion amid volatile digital asset markets.