Sharplink Gets Big on Ethereum
The awakening tech and iGaming company Sharplink Gaming recently made a significant stride toward decentralized future. To support its buying spree on Ethereum, the firm has registered a dollar billion shelf with the United States Securities Exchange Commission (SEC). This comes after their previous 425 million ETH purchase, which demonstrates a rather serious interest in Ethereum that aims to become one of the pillars of their treasury and practice.
“Ethereum fits well within our vision of iGaming decentralized future. This is not a speculative investment it is a core investment,” said a Sharplink spokesperson.
The registration published on May 30, 2025 permits Sharplink to sell different securities in agreement of this favor with Alliance Global Partners (AGP) through at-the-market (ATM) transactions.
A Strategy Treasury Transformation
Sharplink is changing the game in that unlike traditional tech companies who hold on to fiat currencies like dog hoarders, Sharplink is adding Ethereum directly to their treasury. As the main asset of DeFi and blockchain games, ETH has a primary use case within Sharplink as well, but the team sees more value in using ETH reserves as an alternative to cash in the long-term.
This approach is opposite to such giants as Meta who recently rejected the idea to add Bitcoin into their balance sheets. Sharplink, however, has been confidently going in with Ethereum.
Supporting the Web3 Gaming with CryptoCasino.com
Dreams of web3 at Sharplink are not limited to Ethereum. The company has earlier this year invested in CryptoCasino.com, which is a decentralized gaming platform by Armchair Enterprises. The platform provides features in crypto gambling where people can use MetaMask wallets and tokens such as Bitcoin and Ethereum, which improves their level of security and privacy.
The step further underlines the general direction described by Sharplink that envisages decentralized, transparent, and rapid Web3 games landscapes.
Crash in price of Ethereum: Price Mall Is Buoyant
Currently, Ethereum is priced at 2 521.66, which is 4.17 percent lower in the past 24 hours and a daily peak of 2 649.90. Although ETH experienced a decline, the crypto has good levels of support and a 100 percent profile score in the community indicator — a good side of the investors.
The question traders are looking on is whether ETH will be able to hold its position to above the psychologically and technically important support level at $2,500.
Closing thoughts: A bold Web3 Future
Sharplink Gaming is not only investing in crypto, but it is developing the infrastructure of the future of gaming. Sharplink is willing to bet, with Ethereum at the center of its treasury, partnerships and product vision: web3 is the future of iGaming.
The action of Sharplink could be an indication that other tech innovators willing to move to a different approach to digital assets are yet to follow suit since the larger market is still in turmoil.