SBET raised approximately $413 million last week, all of which will be used to increase its Ethereum holdings

By: theblockbeats.news|2025/07/16 10:12:03

BlockBeats News, July 16th, SharpLink Gaming (SBET) announced that in addition to becoming the largest Ethereum (ETH) holder among corporate entities, SharpLink raised approximately $413 million in net proceeds through its ATM program from July 7th to 11th. Of this amount, around $156 million has been used to purchase Ethereum, with the remaining approximately $257 million available for future Ethereum acquisitions.

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

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