SharpLink Expands ETH Reserve

SharpLink Gaming acquired an additional 10,000 ETH at an average price of $2,572.37 per ETH, directly over the counter from the Ethereum Foundation, making it the largest publicly traded company holding a strategic ETH treasury reserve. The company now holds a total of 215,957 ETH and ranks as the second-largest ETH-holding entity after the Ethereum Foundation. The article states that proceeds from the sale will fund the Foundation's core operations, including protocol research and development.