SharpLink has reported over $500 million in gains from its Ethereum (ETH) strategy since its launch in June, despite market fluctuations. The company attributes its success to an institutional-grade approach that emphasizes discipline, transparency, and yield-bearing productivity.
In a related development, BitMine, the largest corporate holder of Ethereum, has acquired an additional 202,037 ETH valued at approximately $827 million during a recent price dip. This acquisition increases BitMine's total holdings to over 3 million ETH, representing 2.5% of the total Ethereum supply. These moves underscore the growing institutional confidence in Ethereum as a valuable treasury asset.
SharpLink Gains $500M from ETH Strategy; BitMine Expands Holdings by $827M
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