SharpLink Gaming has directly purchased 10,000 ETH from the Ethereum Foundation

ChainCatcher news, according to GlobeNewswire, SharpLink Gaming (NASDAQ: SBET) completed a direct purchase of 10,000 ETH from the Ethereum Foundation on July 10, 2025, for a total amount of $25,723,700, at a price of $2,572.37 per ETH.

As the largest publicly traded company adopting Ethereum as its primary financial reserve asset, SharpLink plans to support the development of the Ethereum network through staking and re-staking ETH.