key takeaways
- Sharplink Gaming spent $ 43 million in USDC, with $ 3,828 per eth to buy 11,259 eth.
- The purchase increases the total atherium holdings of the sharplink to 449,276 ETH, currently $ 1.7 billion.
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The sharplink gaming, known for adopting an atherium (Ath) Treasury strategy, has acquired 11,259 eight in about $ 43 million, according to the on-chain data viewed by looking at. The latest purchases bring the company’s total eth holdings at a price of $ 1.7 billion in 449,276 Eth.
The Nasdaq-list gaming technology firm is about $ 823 million so far this month. The new acquisition was excluded in a single transaction using USDC StableCoin on 31 July.
The sharplink now ranks as the second largest institutional holder of the atherium, only behind the Bitmine immersion technologies led by Tom Lee. In addition to ETH accumulation, the company is actively participating in the Atherium layer 2 network Linia, which is managed by consensus, aimed at toilet disability and network growth.
Sharplink (SBET) jumped 3% in early Thursday, according to Yahoo Finance. Stock has touched around 97% of the sky in just one month.
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