Joe Lubin’s SharpLink Boosts ETH Holdings to Nearly 800K, Raised $361M in Fresh Capital
The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.
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Ethereum Treasury
The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.
Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto’s circulation, the bank’s Geoff Kendrick said.
The company now holds 102,237 ether worth about $489 million.
With ETH near record highs and Tom Lee eyeing $15,000 by the end of this year, investors weigh exposure through direct tokens, spot ETFs or corporate treasuries.