Ethereum Dips, Treasuries Buys: SharpLink Adds 19K ETH, Now Worth $3.5B

Ethereum’s price may be struggling, but institutional confidence in the asset has continued to ￰1￱ Gaming, one of the world’s largest corporate holders of Ether, reported a sharp increase in its treasury holdings this week, adding over 19,000 ETH amid a broader market ￰2￱ to the company’s latest disclosure, SharpLink’s total Ether holdings rose to 859,853 ETH as of October 19, 2025, valued at approximately $3.5 billion when combined with its cash ￰3￱ of press time, Ethereum was trading at $3,960, down 0.7% over the past 24 hours and 12% over the past month.) October 16, 2025 Still, seasonal trends remain a concern, with CoinGlass data showing that the fourth quarter has historically been Ethereum’s second-weakest performing period on ￰4￱ Doubles Down on ETH After $76M Capital Boost SharpLink noted that it purchased 19,271 ETH during the week at an average cost of $3,892 per ETH, taking advantage of what it called “attractive market conditions” following a steep sell-off across the crypto market.) October 16, 2025 “Our top priority remains creating value for shareholders through disciplined execution and a relentless focus on accretive ETH accumulation,” said Joseph Chalom, SharpLink’s ￰5￱ added that the firm’s latest capital raise, conducted at a premium to net asset value, allowed SharpLink to buy ETH at lower market prices, making the purchase “immediately accretive to shareholders.” SharpLink’s updated balance sheet shows the company now holds 601,143 native ETH and an additional 258,710 ETH as if redeemed from LsETH, a liquid staking ￰6￱ firm has also accumulated 5,671 ETH in staking rewards since launching its treasury strategy in June ￰7￱ includes 326 native staking rewards and 132 as-if redeemed LsETH rewards earned in the latest week alone.) 2025 in London alongside ConsenSys founder Joseph Lubin, reinforced his belief that Ethereum remains central to the future of institutional ￰8￱ #DAS2025 in London, @ethereum ’s Joseph Lubin and @SharpLinkGaming Joseph Chalom outlined what comes next for crypto after the recent crash. ￰0￱ — ￰9￱ (@cryptonews) October 14, 2025 He described the current market as undergoing a “flight to quality,” where major institutions increasingly view Ethereum and Bitcoin as “high-quality growth assets that can stand the test of time.” “Institutions are here, they’re ready to go,” Chalom said during the panel.

“But it’s going to be a flight to quality, not a flight to speculation.” Lubin echoed the sentiment, calling Ethereum’s next phase a key moment in a “multi-trillion-dollar adoption curve” driven by tokenization, staking yields, and on-chain infrastructure.