Volume AlertsWednesday, Jul 23, 2025 6:54 pm ET
1min read
On July 23, 2025, SharpLink Gaming (SBET) experienced a significant decline in trading volume, with a total turnover of $863 million, marking a 46.19% decrease from the previous day. This placed SharpLink at the 125th position in terms of trading volume among all stocks for the day. The stock price of SharpLink Gaming also decreased by 5.80%.
SharpLink Gaming has significantly increased its Ethereum (ETH) holdings, acquiring approximately 79,949 ETH between July 14 and July 20, 2025. This acquisition brings the company’s total ETH holdings to 360,807, making it the largest public holder of Ethereum. The company has also generated 567 ETH in staking rewards since launching its ETH treasury strategy on June 2, 2025.
The latest acquisition of ETH by SharpLink Gaming has brought its total holdings to 360,807 ETH, valued at approximately $1.33 billion at current prices. This strategic move positions the company as a major player in the cryptocurrency market, leveraging Ethereum as its primary treasury reserve asset.
SharpLink Gaming’s ETH holdings have surged by 29% during the week of July 14–20, 2025, reaching a record 360,807 ETH. This increase reflects the company’s commitment to expanding its cryptocurrency holdings and utilizing Ethereum’s staking rewards to enhance its financial position.
SharpLink Gaming, Inc., based in Minneapolis, Minnesota, is dedicated to revolutionizing the online gaming and sports betting industry. The company focuses on developing scalable, secure, and transparent solutions that leverage smart contracts, DeFi protocols, and Web3 infrastructure. By adopting Ethereum as its primary treasury reserve asset, SharpLink Gaming aims to unlock new opportunities for innovation and investment in the digital asset space.