Sharplink Gaming reports 873K ETH in Q1 holdings, says it hasn't sold

Sharplink Gaming (SBET), a firm known for accumulating Ethereum, announced that it held 872,984 ETH as of the first quarter of this year. The company emphasized that despite incurring a net loss of $685.6 million from the decline in ETH's price, its holdings have not changed. Sharplink previously announced it would establish a $125 million DeFi fund with Galaxy (GLXY).