Ethereum Treasury SharpLink’s $1.3B ETH Haul Signals Bullish Mega-Bet
Ethereum's institutional backers just doubled down—hard. SharpLink's latest purchase rockets their ETH war chest to a staggering $1.3 billion valuation. Who needs bonds when you've got gas fees?
The whale move: While traditional finance plays with 2% yields, crypto treasuries are loading up on digital assets like ETH at institutional scale. This isn't your cousin's meme coin portfolio—it's a nine-figure institutional endorsement of Ethereum's long-term infrastructure play.
Behind the numbers: That $1.3 billion position would make most hedge funds blush. The purchase signals growing confidence in ETH's role as both a yield-bearing asset and the backbone of Web3's financial plumbing. Meanwhile, Wall Street still can't decide if crypto is 'digital gold' or 'rat poison squared.'