SharpLink Gaming Aims to Acquire 1% of Ethereum Supply with $6B Share Sale Expansion

In a bold move that underscores the growing institutional interest in Ethereum, SharpLink Gaming has announced an expansion of its equity offering to $6 billion, targeting the acquisition of up to 1% of Ether's circulating supply. This strategic accumulation not only positions SharpLink as the largest corporate holder of ETH—surpassing even the ethereum Foundation's reserves—but also signals a significant vote of confidence in the long-term value of the cryptocurrency. The gaming firm's aggressive buying spree highlights the increasing convergence of traditional finance and digital assets, with Ethereum emerging as a preferred store of value for forward-thinking corporations. As of July 2025, this development could potentially tighten ETH's supply dynamics and further cement its position as a cornerstone asset in the crypto ecosystem.

SharpLink Gaming Expands $6B Share Sale to Target 1% of Ethereum Supply

SharpLink Gaming has dramatically escalated its Ethereum strategy by expanding its equity offering to $6 billion. The move positions the company to acquire a substantial portion of Ether's circulating supply, potentially reaching 1% ownership. This aggressive accumulation cements SharpLink's status as the largest corporate ETH holder—surpassing even the Ethereum Foundation's reserves.

The gaming firm's buying spree has already netted $515 million worth of Ether in just nine days, with its existing 280,000 ETH position generating $1.49 million in staking rewards. Market reaction was immediate, with shares rebounding 4.64% in pre-market trading as investors digest the company's crypto-centric pivot.

SharpLink's audacious play represents a watershed moment for institutional crypto adoption. By converting equity proceeds directly into Ethereum, the company is effectively creating a corporate treasury model that could inspire imitation across tech and gaming sectors. The scale of this accumulation suggests Ethereum is increasingly viewed as a strategic asset rather than purely speculative holding.

Ethereum Price Prediction: $5,000 Not Far? Key Factors To Watch Out

Ethereum is gaining momentum as capital rotates into altcoins, with investors eyeing a $5,000 price target. The rally is fueled by record inflows into ETH spot ETFs, which saw a single-day net inflow of $402 million on July 18, surpassing Bitcoin ETFs. Institutional adoption is also accelerating, with companies like BitMine and SharpLink adding ETH to their treasuries.

BlackRock's iShares Ethereum Trust (ETHA) has emerged as a major driver, boasting $9.17 billion in net assets. Billionaire Peter Thiel's stake in BitMine, which holds 300,000 ETH, underscores growing corporate confidence. The SEC's pending decision on staking ETFs could further catalyze Ethereum's ascent.

Ethereum Breaks Out to 6-Month High as Whale Activity and ETF Demand Fuel Rally

Ethereum surged past $3,700 this week, reaching a 180-day peak of $3,750—a 169% rebound from March lows NEAR $1,392. The rally accelerated in July with a 40% monthly gain, buoyed by record institutional inflows into spot ETH ETFs and a $50 million whale purchase at $3,715 per token.

Market structure appears to be shifting as professional capital targets Core crypto assets. The $4,000–$4,200 resistance band now serves as the next critical threshold, with tightening supply and institutional momentum reinforcing Ethereum's bullish case.

Fantasy.top’s Base Migration Signals SocialFi Revival Amid Crypto Bull Market

Fantasy.top's strategic migration to Base, initiated on July 15, 2025, marks a pivotal effort to recover from a 93% revenue slump while capitalizing on the resurgent crypto bull market. The platform, which once generated $10.6 million in fees at its May 2024 peak, now bets on renewed retail interest to revive its SocialFi model.

The game’s NFT-based mechanics—where players assemble teams of crypto influencer cards tied to real-time Twitter engagement—initially drove explosive growth, with card packs priced at 0.058 ETH ($210) and top-tier assets selling for multiple ETH. Yet sustainability challenges emerged, mirroring broader volatility in crypto-native social platforms.

As Ethereum (ETH) and other assets rally, Fantasy.top’s migration aligns with a broader trend: protocols repositioning to harness bullish sentiment. The MOVE underscores the sector’s cyclical nature, where infrastructure shifts often coincide with market upturns.

Ethereum Surges to $3,743 as Regulatory Clarity and Technical Breakout Drive Massive Rally

Ether's price soared to $3,743.37, marking a 4.54% gain in 24 hours, as institutional interest surged following the passage of the GENIUS Act in the U.S. House of Representatives. The legislation provides a regulatory framework for stablecoins, boosting confidence among institutional investors.

BitMine Immersion Technologies disclosed accumulating over 300,000 ETH tokens, aiming to control 5% of Ethereum's total supply. The announcement propelled BitMine shares up 14%, with other crypto-exposed stocks like Bit Digital and BTCS also rallying.

Technically, Ethereum broke through the $2,900 resistance level on July 17, reaching a six-month high of $3,675.81 before extending gains. The RSI at 86.31 signals overbought conditions, suggesting intense buying pressure.

Arthur Hayes Foresees Ethereum Rally to $4,000 Amid Surging Institutional Interest

BitMEX co-founder Arthur Hayes has projected Ethereum's price could soon reach $4,000, citing a 47% monthly surge that brought ETH to $3,711.80. The prediction follows heightened whale activity, with $18 billion in large transactions recorded on July 17 alone.

Hayes' chart analysis reveals ETH's steady ascent from sub-$2,400 levels, using Binance's ETH/USDT pair as reference. Market analysts note the growing institutional participation coincides with Ethereum's network upgrades and deflationary tokenomics.

Crypto analyst Ali Martinez corroborated the bullish sentiment, highlighting Ethereum's unprecedented large-holder transactions. The convergence of technical momentum and fundamental demand suggests the $10,000 threshold may become plausible in this market cycle.