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SharpLink: The per-mil "ETH concentration" has increased from around 2 to around 3.4, a 70% increase

By: theblockbeats.news|2025/08/01 04:54:09

BlockBeats News, August 1st, The "ETH Version MicroStrategy" SharpLink Gaming announced that our mission is to maximize shareholder value while hodling as much Ethereum as possible. To maintain full transparency, we not only report the issued number of shares or the amount of ETH held but also track the ETH amount inherent in every 1000 shares of ownership. We call it "ETH Concentration," which shows how much Ethereum is backing every 1,000 shares of SBET stock. Since the launch of the ETH Treasury strategy, the "ETH Concentration" has increased from around 2.00 to about 3.40, a 70% increase.

The US Ethereum Spot ETF has seen net inflows for 20 consecutive trading days, with yesterday's inflow reaching $17 million.

Riot Blockchain's Net Revenue Reaches $219.5 Million in Q2, Mining Cost Doubles Year Over Year