SHARPLINK BOOSTS ETH HOLDINGS TO 522K, RAISES $265M IN A WEEK

Summary from the TLDR Crypto newsletter

SharpLink (Nasdaq: SBET) added 83,561 ETH in the week ending August 3, increasing total holdings to 521,939 ETH, up 19% week-over-week. The firm raised $264.5M in net proceeds via its ATM facility at an average ETH price of $3,634. Staking rewards now total 929 ETH since the firm launched its treasury strategy in June. Its proprietary “ETH Concentration” metric rose to 3.66, up 83% since launch, as SharpLink continues to position itself as the leading Ethereum-native treasury company.