Ether treasury firm targets $2B in ETH holdings after new funding round
SharpLink Gaming, a Nasdaq-listed firm based in Minneapolis, has successfully raised $200 million in a direct offering to increase its Ethereum (ETH) holdings, reinforcing its position among the largest public ETH treasury companies.
With this fresh capital injection, SharpLink aims to bring its total ether reserves to more than $2 billion, making it a dominant institutional player in the ETH ecosystem. The company’s most recent data shows it holds 521,939 ETH, valued at approximately $1.9 billion, prior to the latest acquisition round.
“We view Ethereum not only as a technological asset but as a yield-generating treasury reserve with long-term upside,” a company spokesperson said.
SharpLink is part of a growing movement of companies adopting ETH treasury strategies, where firms raise capital to accumulate large ether holdings and stake them for passive income. This approach allows public investors indirect exposure to Ethereum’s performance and staking rewards, without requiring direct crypto asset management.
The announcement follows a wider trend of institutional acceptance for Ethereum. Public ETH holdings across treasury firms now approach $12 billion, according to recent data.
“It’s a calculated bet on Ethereum’s role in future decentralized infrastructure,” said BITX market strategist familiar with corporate crypto treasuries.
Ethereum price and institutional confidence on the rise
SharpLink’s aggressive move comes as Ethereum has rebounded strongly in 2025, up over 163% from its April low, now trading near $3,870. Institutional actions like this are widely seen as supporting price stability and reinforcing market confidence in Ethereum as a long-term asset.
“SharpLink’s move adds to the bullish institutional narrative forming around Ethereum,” said BITX analyst.
The firm’s strategy highlights how traditional capital markets are becoming more intertwined with blockchain assets, especially as ETH gains ground in mainstream financial portfolios.
Disclaimer
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