SharpLink raised approximately $413 million in net proceeds between July 7 and 11, of which approximately $156 million has been invested in ETH

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PANews
07-16
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PANews reported on July 16 that SharpLink has become the largest Ethereum (ETH) holder among enterprises. The company raised approximately $413 million in net proceeds through the ATM plan from July 7 to 11, of which about $156 million has been invested in ETH, with the remaining approximately $257 million available for future Ethereum acquisitions. From July 7 to 13, SharpLink purchased approximately 74,656 ETH at an average price of about $2,852 per coin, with a total current holding of 280,706 ETH, of which approximately 99.7% has been staked, earning about 415 ETH in revenue since June 2. Since June 13, ETH concentration has increased by approximately 23%.

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