July 6, 2025
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Ethereum Toured As ‘Foundational Layer for Global Finance’ by Firm with $ 500m Eth Bet

ETH STABILIZES ABOVE $ 2,500 as Sharplink Gaming Reiterates ITS Treasury Strategy and Says Ethereum Is Bending Finance’s Foundational Layer.”, – WRITE: www.coindesk.com

Ethereum Toured As ‘Foundational Layer for Global Finance’ by Firm with $ 500m Eth BetETH STABILIZES ABOVE $ 2,500 as Sharplink Gaming Reiterates ITS Treasury Strategy and Says Ethereum Is Bending Finance’s Foundational Layer. Jul 5, 2025, 9:40 pm

At the time of writing, Ether

IS Trading AT ARUOUND $ 2.505, UP 0.56% in the Past 24-Hours, accounting to Coindesk Research’s Technical Analysis Model. As for the Broader Crypto Market as Gauged by the Coindesk 20 Index

(CD20)

IT is up 0.34% during the Same Period.

Sharplink Gaming, Inc.

(Sbet)

is a pioneering online performance marketing company specializing in the Sports Betting and Igaming Industries. Headquarred in minneapolis, Sharplink Leverages ITS AI-POWERED C4 PLATFORM to DELIVER Personalized, Data-Driven Marketing Content that Enhances Customer Accisation and Reteten. operators. The company have expanded Through Strategic Accuisations and Partnerships, Establishing ITSELF as A Leader in the Evolving Sports Betting Ecosystom.

On July 4, 2025, Sharplink Announced on X that It have become the First Publicly Listed Company to Adopt Eth As Its Primary Treasury Reserve Asset. The Company Outlined A Comprehensive Treasury Strategy Focused on Accompumulating Eth, Staking IT, and Growing Eth-Peer-Share to Create Long-Term Shareholder Value.

JWP-Player-Placeholder

Sharplink Emphasized that Its Goal Is Not Just to Hold Eth But to Actively Deploy It Through Through Native Stake, Resta, and Ethereum-Based Yield Strategies. The Company Highlighted Eth’s Advantages As A Corporate Reserve Asset: IT is Productive Via Staking Rewards, Composable Across DeCentralized Finance Protocols, Science, Secure, An AlECure Future Internet. This Approach RepreSents A Bold Redefinition of Traditional Treasury Management, Integration Decentralized Finance Principles Into Corporate Finance.

This Strategic Pivot Began with A $ 425 Million Private Placement AnnunCed On May 27, Led By Consensys and Other Prominent Crypto Investors Asset. Joseph Lubin, Ethereum Co-Funder and Founder of Consensys, Joowed Sharplink’s Board of Directors As Chairman Upon Closing this Placement, ReinForcing the Company

Since Official Launcing Its Eth Treasury Strategy On June 2, Sharplink Has Aggressely Expanded ITS Ethereum Holdings. Between May 30 and June 12, 2025, The Company Acquired Approximately 176,271 ETH FOR ABOUT $ 463 Million at An Average Price of $ 2.626 per Eth.

Following this, from June 16 to June 20, Sharplink Purchased An Additional 12.207 Eth for Roughly $ 30.7 Million, Funded in Part by $ 27.7.7 Million Raized Thouhh at-the-the

By June 24, Sharplink’s Eth Holdings Reached 188.478 ETH, with 100% of the trees reserves deployed in stinging Solutions Generation Staking Rewards. And by July 1, The Treasury Expanded Further To 198,478 ETH, YIELDING OVER 220 ETH IN STAKING REARS SINCE OF THE STRATYGY’S INCOPTION.

Joseph Lubin Has Stated that Embedding Ethereum at the Core of Sharplink’s Capital Strategy Embodies Technological Progress and Institutional Trust, Positioning the Company of the LEAD. Meanwhile, CEO ROB PHYTHIAN HAS NOTED THAT SHARPLINK’s UPCOMING NASDAQ CLOSING Belly Ceremony On July 7, 2025, Will Symbolize this New Chapter, ShowCASING How Digital Assets. Discipline and Corporate Governance.

Sharplink’s Ethereum Treasury Strategy UnQUELY POSITIONS The Crossroads of Sports Betting, Blockchain Technology, and Decentralized Finance, Offering Invistors Regulated Ethereum’s Growth Potential While Advance Sharplink’s Mission to Innovate the Multi-Billion-Dollar Igaming Industry.

Technical Analysis Highlights

  • ETH GAINED 2.2% FROM JULY 4 15:00 TO JULY 5 14:00, CLIMBING FROM $ 2,475.48 TO $ 2,530.02.
  • A Sharp Sell-Off Between 13:06 and 14:05 Pushed Eth Down to $ 2,514.85 Before Buyers Steped in.
  • Strong Support ForMed Between $ 2.480 and $ 2,500 Durying The July 5 16:00 HOUR, WITH 382,821 ETH TRADED.
  • A Bullish Breakout on July 4 at 22:00 Lifted Eth Above $ 2.520, with Resistance Confirmed Near $ 2.530.
  • ETH Consolidated AROUND $ 2,515 with SIGNS OF REDUCED VALATITY AND ASCENDING RECOVY Trendline After 13:40.
  • Momentum Remains Neutral Short-Term But Structurally Bullish Given Broader Uptrend Since Late June.

Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Siamak Masnavi

Siamak Masnavi is a researcher Specializing in Blockchain Technology, Cryptocurrency Regulations, and Macroeconomic Trends Shaping The Crypto Market. He Holds A Phd in Computer Science from The University of London and Began His Career in Software Development, Including Four Years in the Banking Industry in the City of London and Zuric. In April 2018, Siamak Transitioned to Writing About Cryptocurrency News, Focussing on Journalism Until January 2025, WHEN HE shagged exclusive to the resemarch on the afo.

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