SharpLink Adds $54M In Ether, Boosts Crypto Holdings To $1.65B

SharpLink has ramped up its Ether accumulation with a fresh $53.9 million purchase of 15,822 ETH. The firm executed the buys across several transactions, the largest being 6,914 ETH worth $23.56 million.

This move brings SharpLink’s total Ether holdings to 480,031 ETH, valued around $1.65 billion at current prices. The acquisition was part of a $108.57 million 48-hour buying spree.

Meanwhile, Ether Machine added 15,000 ETH ($56.9M) to its treasury, boosting its total to 334,757 ETH—surpassing the Ethereum Foundation’s 234,000 ETH. Ether Machine is now the third-largest corporate ETH holder, following SharpLink and BitMine.

The firm recently merged with Nasdaq-listed Dynamix Corp. and is planning a $1.6 billion raise ahead of its public listing under the ticker ETHM. These aggressive ETH acquisitions underscore a broader institutional shift toward Ethereum as DeFi and Web3 infrastructure continue to mature.

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