SharpLink Gaming restarts ETH buys after 8-month pause, adding 5,000 ETH to treasury
Ethereum-focused treasury management firm SharpLink Gaming (SBET) has resumed buying ETH after an approximately eight-month pause, according to on-chain data cited by multiple outlets. The company purchased 5,000 ETH valued at about $7.85 million, its first Ethereum acquisition since October 2025 [1] [2].
Reporting also links the purchase to Ethereum price weakness, with one account noting ETH fell to a 2026 low around the time of the trade. Other coverage says the transaction involved FalconX, based on data referenced from Arkham/EmberCN analytics [3] [1].
The reported ETH purchase increases SharpLink’s holdings to roughly 876,000 ETH, based on figures cited in coverage of the transaction [4].
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Citations
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- 1Ethereum-Focused Treasury Management Company Sharplink Buys ETH After a Long Time! Here Are the DetailsBitcoin Sistemi• Jun 26, 2026
- 2SharpLink Reenters Ethereum Market After 8-Month BreakLive Bitcoin News• Jun 26, 2026
- 3SharpLink Gaming (SBET) Stock Dips After $7.85M Ethereum Purchase at Multi-Month LowBlockonomi• Jun 26, 2026
- 4SharpLink buys the ETH dip after 8-month pausecrypto.news• Jun 26, 2026
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