Key Notes
- SharpLink holds 797,704 ETH, valued at $3.7 billion.
- The company’s Ethereum profit margin has reached 21%.
- SharpLink is nearing 800,000 ETH and launched a $1.5B stock buyback.
Nasdaq-listed Ethereum
ETH
$4 619
24h volatility:
1.5%
Market cap:
$557.86 B
Vol. 24h:
$34.42 B
treasury firm SharpLink is close to reaching 800,000 ETH in its portfolio.
According to CryptoQuant community analyst Ja Maartun on X, the firm has invested a total of $2.87 billion in the accumulation of the second-largest cryptocurrency by market capitalization.
SharpLink Stuns Market as Second-Largest Corporate Ethereum Holder
Barely 24 hours ago, SharpLink purchased 56,533 ETH for approximately $4,462 per unit. As a result, the purchase was worth $252.25 million.
The acquisition brings the company’s total Ethereum holding to 797,704 ETH as of August 26, and is valued at $3.7 billion.
At the time of writing, Ethereum is trading at $4,615.88 with a 2.74% gain over the last 24 hours.
At this price level, SharpLink’s total stash is worth approximately $3.68 billion. This positions the firm’s ETH profit margin way over 21%. SharpLink noted that it secured $360.9 million in net proceeds during the week of August 18-22.
SharpLink is approaching 800K ETH! 😱
Invested: 2,876,575,168
Current Value: 3,491,521,916
Profit: ~21% https://t.co/kwWrdLcm4R pic.twitter.com/HLeMtpkIWS— Maartunn (@JA_Maartun) August 27, 2025
Just a week ago, SharpLink purchased 143,593 ETH for $667.2 million, reinforcing its position as Ethereum’s second-largest corporate holder. It trails BitMine Immersion Technology by over 800,000 ETH. For context, BitMine’s Ethereum treasury held 1,713,899 ETH as of August 24, 2025.
It is worth noting that BitMine is targeting the acquisition of 5% of all circulating ETH. So far, it has received support from multiple major institutional investors, such as ARK’s Cathie Wood, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital.
Meanwhile, SharpLink has authorized a massive $1.5 billion stock buyback program. This news sent the SBET share price soaring when the announcement was made.
The goal of the program is to strengthen market support and optimize capital allocation. It also speaks of the company’s long-term commitment to sustainable shareholder value.
On the basis of the program, share repurchases may now be conducted through open market purchases. Shareholders could also leverage privately negotiated transactions or other methods allowed under applicable securities laws.
TOKEN6900 Presale Has Raised More Than $2.7 Million
As Ethereum rallies, TOKEN6900 is stealing the spotlight. The presale has already raised over $2.7M, and excitement is building fast. With a staking APY of 33%, early participants are already seeing why it’s creating so much buzz.
TOKEN6900, an offshoot of SPX6900 (SPX), is gaining attention for its unique features and strong community support. In just a short time, it has climbed the ranks to become one of the best crypto presales of 2025.
Current Presale Stats
Current Price: $0.007125
Amount Raised So Far: $2.76 million
Ticker: TOKEN6900
Make sure you check the project’s official site for updates on the Token6900 launch date. With just 22 hours left before the price increases, now’s the time to get in early!
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
