SharpLink Gaming adds $48.85M in ETH

SharpLink Gaming, a Nasdaq-listed company implementing a treasury strategy focused on Ethereum (ETH), acquired 16,374 ETH worth $48.85 million seven hours ago, bringing its total holdings to 270,000 ETH, according to on-chain analyst @EmberCN on X. Since early June, the company has been steadily accumulating ETH in a micro-strategy approach at an average price of $2,667, with unrealized gains totaling $81.8 million.