At the time of writing, Ether
was trading around $ 2,505, up to 0.56% in the past 24 hours, according to the CoinDesk Research technical review model. As for the broader crypto market like CoinDesk 20 index gauged (CD20)It is up to 0.34% at the same time.
Sharpink Gaming, Inc. (SBET) is a leader in the online marketing company marketing that specializes in sports betting industries and igaming. Headquartered in Minneapolis, Sharpink uses the AI-Powered C4 platform to deliver personalized, data-driven marketing content that improves customer acquisition and maintenance for sportsbook and casino operators. The company has expanded through strategic acquisitions and partnerships, establishing itself as a leader in the emerging sports ecosystem.
On July 4, 2025, Sharpink announced In X it became the first public listed by the company that adopted the ETH as the main owner of the Treasury reserve. The company outlines a comprehensive Treasury approach dedicated to ETH accumulation, staking it, and ET-PER-SHARE growth to create a long-term shareholder value.
Sharpink emphasized that its purpose is not only to handle ETH but to actively deploy it through native staking, restoration, and Ethereum-based yield techniques. The company has highlighted the benefits of ETH as a corporate reserve asset: it is productive by staking rewards, composable throughout the decentralized financial protocol, scarce, safe, and aligned with the infrastructure of the future internet. This method represents a resolved redefinition of traditional ark management, integrates decentralized financial financial principles in the corporation.
This strategic pivot began with a $ 425 million private placement announced on May 27, led by Consensys and other prominent crypto investors, to fund the acquisition of ETH as the main owner of Sharpink Treasury. Joseph Lubin, co-founder of Ethereum and the founder of Consensys, joined the Board of Sharplink directors as chairman in closing this placement, strengthening the company’s promise to change the blockchain.
Since the ETH Treasury approach was officially launched on June 2, Sharpink was aggressively expanding Ethereum handling. Between May 30th and June 12, 2025, the company gained approximately 176,271 ETH for about $ 463 million at an average price of $ 2,626 per ETH.
Subsequently, from June 16 to June 20, Sharplink bought an additional 12,207 ETH for approximately $ 30.7 million, funded by part of $ 27.7 million raised by market (Atm) Equity sales.
By June 24, Sharpink’s ETH holdings reached 188,478 ETH, with 100% of these reserves deployed to staking solutions forming staking rewards. And on July 1, the Treasury expanded until 198,478 ETH, yielding more than 220 ETHs in staking rewards from the start of the approach.
Joseph Lubin said Ethereum’s core on the core of Sharpink capital approach covers the technological development and institutional confidence, positioning the company to rule out the evolution of digital commerce. Meanwhile, CEO Rob Phythian noted that the upcoming NASDAQ closure of the Bell Ceremony of Sharpink on July 7, 2025, symbolizes this new chapter, showing how digital involvement in the public market discipline and corporate management.
The Treasury approach of Sharplink’s Ethereum is a unique position in the company in Crossroads of Sports Betting, Blockchain Technology, and Decentralized Finance, which offers investors controlled and clear exposure to Ethereum’s potential growth while promoting the Sharplink mission to change the multi-billion-dollar-dollar industry.
Technical assessments
- ETH gained 2.2% from July 4 15:00 to July 5 14:00, up from $ 2,475.48 to $ 2,530.02.
- A sharp sale between 13:06 and 14:05 pushed ETH up to $ 2,514.85 before consumers entered.
- Strong support formed between $ 2,480 and $ 2,500 during July 5 16:00 hours, with 382,821 exchanged ETH.
- A bullish breakout on July 4 at 22:00 pm raised ETH above $ 2,520, with resistance confirmed near $ 2,530.
- ETH is combined around $ 2,515 with signs of reduced volatility and an upward recovery flow after 13:40.
- The momentum remains a neutral short-term but bullish structure provided by the broader outing since late June.
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