20.07.2025 10:15:00

Prediction: SharpLink's Ethereum Move Is Just the Beginning

Something very interesting is going on with Ethereum (CRYPTO: ETH) right now. Small, relatively unknown companies are starting to add Ether, the native coin of the Ethereum blockchain, to their balance sheets as part of a new strategy designed to lift their stock market valuations. And so far, it's working.Case in point: during the past 30 days, shares of SharpLink Gaming (NASDAQ: SBET) are up a whopping 150% (as of July 18). SharpLink Gaming has attracted so much attention with its new crypto strategy that it's almost certain to attract other companies as well.In a very short time, SharpLink Gaming has become the largest corporate holder of Ether coins on the planet. It now holds 280,706 coins, worth about $960 million at recent prices. To put that figure into perspective, that's more Ether than even the nonprofit Ethereum Foundation holds.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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