SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand
- SharpLink has closed a $145M deal and is likely to accumulate more Ethereum for its treasury.
- The company welcomed Joseph Chalom, who worked at BlackRock to lead its Ether quest.
- Renewed demand from institutional investors to push the Ethereum price beyond $4K soon.
SharpLink Gaming, which had maintained a calm demeanour after its Ethereum accumulation, had closed a $145 million funding deal, signaling its intent to expand its ETH holdings. According to on-chain data analysis, the funds were transferred from a wallet associated with USDC issuer Circle and deposited into Galaxy Digital, thus signaling an imminent Ether purchase.
Last week, SharpLink acquired 79,949 Ether, thus increasing its holding to 360,807, a 29% jump from the prior week. The company remains committed to increasing its Ether holdings to strengthen its treasury amid the mainstream adoption of digital assets.
In a strategic leadership move, SharpLink welcomed Joseph Chalom, former Head of Digital Assets Strategy at BlackRock, as the new co-CEO, who would assist the company achieve its midterm goal of accumulating 1 million ETH.
SharpLink Joins List in Aggressive ETH Accumulation
…The post SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand appeared first on Coin Edition.
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Ethereum (ETH) Price Prediction for August 2
Glassnode Data Shows a Path for ETH to Hit a New $4,900 ATH
SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand
- SharpLink has closed a $145M deal and is likely to accumulate more Ethereum for its treasury.
- The company welcomed Joseph Chalom, who worked at BlackRock to lead its Ether quest.
- Renewed demand from institutional investors to push the Ethereum price beyond $4K soon.
SharpLink Gaming, which had maintained a calm demeanour after its Ethereum accumulation, had closed a $145 million funding deal, signaling its intent to expand its ETH holdings. According to on-chain data analysis, the funds were transferred from a wallet associated with USDC issuer Circle and deposited into Galaxy Digital, thus signaling an imminent Ether purchase.
Last week, SharpLink acquired 79,949 Ether, thus increasing its holding to 360,807, a 29% jump from the prior week. The company remains committed to increasing its Ether holdings to strengthen its treasury amid the mainstream adoption of digital assets.
In a strategic leadership move, SharpLink welcomed Joseph Chalom, former Head of Digital Assets Strategy at BlackRock, as the new co-CEO, who would assist the company achieve its midterm goal of accumulating 1 million ETH.
SharpLink Joins List in Aggressive ETH Accumulation
…The post SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand appeared first on Coin Edition.
Читать больше
Ethereum (ETH) Price Prediction for August 2