Key Notes

Sharplink funded the massive ETH purchase through $537 million in equity offerings during August's rally period.

The company introduced ETH Concentration metric to help investors track exposure per diluted share outstanding.

Recent Ethereum ETF outflows of $255.9 million counteracted institutional buying pressure on ETH price action.

Sharplink Gaming, the second-largest Ethereum BTC $113 688 24h volatility: 2.1% Market cap: $2.26 T Vol. 24h: $41.01 B treasury investor behind Bitmine , has expanded its holdings with a fresh $667.2 million purchase.

According to the firm’s latest disclosure on Tuesday, Aug. 19, the company acquired 143,593 ETH at an average price of $4,648, raising its total treasury to 740,760 ETH worth $3.1 billion at press

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