# @WatcherGuru: SharpLink Gaming buys 143,593 ETH worth $667 million

Source: https://x.com/WatcherGuru/status/1957785209405075557
Kiwi News: https://news.kiwistand.com/stories/WatcherGuru-SharpLink-Gaming-buys-143593-ETH-worth-dollar667-million?index=0x68a478c50aa6087285a1cea8d520a3256418103f81ffdf7b4809889f5956d279db123901
Submitted by pedrovilela.eth on 2025-08-19 UTC, 2 upvotes, 2 comments

JUST IN: SharpLink Gaming buys 143,593 $ETH worth $667 million.

## Comments

**pedrovilela.eth**: interesting how corporate treasuries are starting to look like early crypto funds. the cycle turns from speculation → balance sheet strategy

**tim**: Yeah but I guess what I still don't fully get is what their exit strategy is. E.g. Tom Lee talks about the "sovereign put" where the US gov would just buy the accumulated asset OTC. But is this worth taking a 20B USD risk? I guess they know already more than us, so maybe it's all just government corruption at this stage?