- SharpLink received 5,000 ETH ($1,570.28 · Live) from FalconX on June 25, according to on-chain data.
- The transfer is its first reported Ether purchase since October 2025, when it acquired 19,270 ETH worth $78.3 million.
- SharpLink remains the world’s second-largest public ETH treasury company, behind Bitmine Immersion.
SharpLink Expands Ethereum Treasury
SharpLink Buys 5,000 EthereumEthereum treasury company SharpLink received 5,000 ETH from crypto prime broker FalconX at 18:09:47 UTC on June 25. If confirmed, the transaction would mark the company’s first Ether purchase since October 2025, when it acquired 19,270 ETH valued at approximately $78.3 million.
As of June 21, SharpLink disclosed holdings of 876,285 ETH worth roughly $1.3 billion on its website. If the latest transfer represents a treasury acquisition, its holdings would increase to about 881,285 ETH. Average acquisition cost at $3,609 per ETH, implying an unrealized loss of around $1.79 billion based on current market prices.
SharpLink continues to rank as the world’s second-largest public Ethereum treasury company, behind Bitmine Immersion, which held 5.67 million ETH worth approximately $8.7 billion as of June 14.
The latest transfer comes months after SharpLink rebranded from SharpLink Gaming in February as it expanded beyond traditional Ethereum staking into broader on-chain yield strategies. The company also reported strong business growth, with first-quarter 2026 revenue rising to $12.1 million from $742,000 in the same period a year earlier.
While the company has yet to confirm whether the 5,000 ETH transfer represents a new treasury purchase, the on-chain movement suggests SharpLink may be resuming Ether accumulation after an eight-month pause.
The latest treasury activity also follows the June 22 launch of Ethlabs, an independent Ethereum research and development nonprofit backed by SharpLink, Bitmine Immersion Technologies, Ethereum co-founder Joe Lubin, and other ecosystem participants. Founded by former Ethereum Foundation researchers, the initiative aims to advance Ethereum’s infrastructure and support broader institutional adoption.
SharpLink Stock Performance
Sharplink – Google FinanceAccording to Google Finance data, SharpLink (NASDAQ: SBET) closed at $4.56 on June 25, down 3.39% for the day. The stock has declined 26.21% over the past month and is down 54.76% over the past year, reflecting sustained selling pressure. Despite the recent losses, the stock edged up 0.88% to $4.60 in pre-market trading, indicating modest early buying interest ahead of the next trading session.