Strategy Buys 7,700 Bitcoin in August, SharpLink Adds 39,000 Ethereum to Treasury

Two giants just made big moves in crypto. Strategy, led by Bitcoin bull Michael Saylor, added over 7,700 BTC in ￰0￱ Gaming (SBET) grew its Ethereum reserves to 837,000 ETH in the same ￰1￱ firms doubled down on digital assets despite market ￰2￱ Expands Bitcoin Stash Strategy, formerly MicroStrategy, isn’t slowing ￰3￱ to a ￰4￱ and Exchange Commission (SEC) filing, the company bought 4,048 BTC between Aug. 25 and ￰5￱ purchase cost $449.3 million at an average price of $110,981 per ￰6￱ Buys 7,700 #Bitcoin in August, SharpLink Adds 39,000 #Ethereum to Treasury. Strategy, formerly known as MicroStrategy, added over 7,700 Bitcoin in August, while SharpLink Gaming expanded its Ethereum reserves to more than 837,000 ETH.

Strategy, led by Bitcoin advocate… ￰7￱ — TheCryptoBasic (@thecryptobasic) September 2, 2025 This came during a wild week for ￰8￱ spiked above $113,000 before dropping below $108,000 on ￰9￱ used the dip to its ￰10￱ this buy, the company now holds 636,505 ￰11￱ today’s price of $109,480, that stash is worth $69.6 ￰12￱ firm has spent $46.95 billion so far, locking in an unrealized profit of $22.66 ￰13￱ Buying Slows but Remains Big Compared to July’s massive 31,466 BTC purchase, August was a quieter ￰14￱ added 7,714 BTC across four transactions: 430 BTC early August 155 BTC mid-August 3,081 BTC Aug. 20 4,048 BTC Aug. 25–Sept. 1 Despite the smaller total, Strategy’s conviction in Bitcoin remains ￰15￱ Saylor continues to call Bitcoin “digital gold,” and the company’s actions back it ￰16￱ Shifts Focus to Ethereum While Strategy builds its Bitcoin empire, SharpLink Gaming is betting big on ￰17￱ company bought 39,008 ETH last week for around $177 ￰18￱ cost: $4,531 per ￰19￱ brings SharpLink’s total Ethereum holdings to 837,230 ETH, worth nearly $3.6 billion as of ￰20￱ Highlights From Aug. 31 Filing SharpLink’s latest SEC disclosure shows: → $46.6M raised via at-the-market equity sales in the week ending Aug. 31 → 39,008 ETH added at ~$4,531 average cost → 2,318 ETH staking rewards since June launch → ETH concentration ratio: 3.94, up 97% since June 2 → Cash reserves: $71.6M still unspent → Total ETH: 837,230 The ETH concentration ratio is ￰21￱ now holds almost $4 in ETH for every $1 in cash.

That’s a massive bet on Ethereum’s future. NEW: SharpLink acquired 39,008 ETH at an average price of ~$4,531, bringing total holdings to 837,230 ETH, valued at ~$3.6B. Key highlights for the week ending Aug 31st, 2025: → Raised $46.6M through the ATM facility → Added 39,008 ETH at ~$4,531 ￰22￱ → Staking… ￰23￱ — SharpLink (SBET) (@SharpLinkGaming) September 2, 2025 Staking Rewards Add Extra Income Since starting its ETH strategy in June, SharpLink has earned 2,318 ETH through ￰24￱ current prices, that’s about $10 million in passive ￰25￱ $71.6 million in cash still on hand, more ETH buys seem ￰26￱ trades at $109,480, showing little movement over the last 24 ￰27￱ sits at $4,300, down 3% amid a softer ￰28￱ broader crypto market seems ￰29￱ these corporate buys show growing institutional ￰30￱ Both Strategies | Metric | Strategy (BTC) | SharpLink (ETH) | | ——————— | ————– | ————————- | | Latest Purchase | 4,048 BTC | 39,008 ETH | | Total Holdings | 636,505 BTC | 837,230 ETH | | Value (as of Tuesday) | $69.6B | $3.6B | | Cash on Hand | N/A | $71.6M | | Additional Income | N/A | 2,318 ETH staking rewards | | ￰31￱ Price | $110,981 | $4,531 | Both firms follow aggressive accumulation models, but the assets ￰32￱ sees Bitcoin as a reserve ￰33￱ views Ethereum as a growth bet with staking rewards as a ￰34￱ This Matters Corporate crypto treasuries are growing ￰35￱ buys highlight: Institutional confidence in digital assets Different strategies: BTC for store of value, ETH for yield and growth Market timing: Buying dips during volatility As traditional firms increase crypto exposure, the line between Wall Street and crypto markets continues to ￰36￱ may keep stacking Bitcoin if prices stay near $110,000.

SharpLink has $71.6 million left for more ETH ￰37￱ will watch how these positions perform if the crypto market ￰38￱ now, both companies hold billions in digital assets, with profits already piling up. Disclosure: This is not trading or investment ￰39￱ do your research before buying any cryptocurrency or investing in any ￰40￱ us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !