SharpLink Resumes Buying Ethereum After an Eight-Month Pause
After an eight-month pause in purchases, SharpLink has resumed buying Ethereum (ETH), acquiring 5,000 ETH valued at approximately $7.85 million from FalconX. The firm's total holdings now amount to 876,285 ETH worth around $1.4 billion, but it faces an unrealized loss of over $1.7 billion due to the current price being significantly lower than its average purchase cost.
Tickers: $SBET
Topics: buying resumption Ethereum SharpLink treasury accumulation