Shares in SharpLink Gaming closed Tuesday trading up over 28% after the sports betting company said it made a series of Ether buys to bring its holdings to 205,634 Ether, worth over $533 million.

SharpLink data-ct-non-breakable=”null” href=”https://investors.sharplink.com/sharplink-grows-eth-holdings-to-205634-earns-322-eth-in-staking-rewards-since-launch-of-treasury-strategy-on-june-2-2025/” rel=”noopener nofollow” target=”_blank” title=”null”>said on Tuesday that in a buying spree from June 28 to July 4, it acquired 7,689 Ether (ETH) for over $19 million at an average price of $2,501, adding to its growing treasury.

Shares in SharpLink (SBET) jumped on the announcement and gained nearly 28.6% on Tuesday to close trading at $16.29 and continued to rise 4.36% after-hours to $17.

Shares in SharpLink Gaming closed Tuesday trading up over 28% after the sports betting company said it made a series of Ether buys to bring its holdings to 205,634 Ether, worth over $533 million.

SharpLink data-ct-non-breakable=”null” href=”https://investors.sharplink.com/sharplink-grows-eth-holdings-to-205634-earns-322-eth-in-staking-rewards-since-launch-of-treasury-strategy-on-june-2-2025/” rel=”noopener nofollow” target=”_blank” title=”null”>said on Tuesday that in a buying spree from June 28 to July 4, it acquired 7,689 Ether (ETH) for over $19 million at an average price of $2,501, adding to its growing treasury.

Shares in SharpLink (SBET) jumped on the announcement and gained nearly 28.6% on Tuesday to close trading at $16.29 and continued to rise 4.36% after-hours to $17.