{"id":29025,"date":"2025-05-28T14:16:32","date_gmt":"2025-05-28T14:16:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29025"},"modified":"2025-05-28T14:16:32","modified_gmt":"2025-05-28T14:16:32","slug":"sharplink-bets-425m-on-ethereum-as-new-wallets-withdraw-millions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29025","title":{"rendered":"Sharplink Bets $425M On Ethereum As New Wallets Withdraw Millions"},"content":{"rendered":"<div>\n<p>Ethereum (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) is currently priced at $2,637.84, rising 0.03% in the last 24 hours, gaining 3.70% over the last week and <a href=\"https:\/\/www.benzinga.com\/money\/how-to-buy-ethereum\">45.84% over the past month.<\/a> Ethereum&#8217;s recent growth and market confidence has led to a $425 million institutional investment while on-chain activity from smaller players is giving bullish signs.<\/p>\n<p>Showing its long-term commitment to Ethereum, Sharplink Gaming Inc (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SBET#NASDAQ\">SBET<\/a>) has invested $425 million in a private placement to establish an Ethereum treasury strategy. The U.S.-based sports betting and global iGaming company will swap these funds for ETH, making it the main reserve asset on the balance sheet.<\/p>\n<p><strong>Don&#8217;t Miss:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.benzinga.com\/go\/plus-500-crypto-in-content\">Trade crypto futures on Plus500 with up to $200 in bonuses<\/a><\/strong><strong> \u2014 no wallets, just price speculation and free paper trading to practice different strategies.<\/strong><\/li>\n<li><strong>New to trading crypto?<a href=\"http:\/\/coinbase-consumer.sjv.io\/m5ALXy\"><strong> Get up to $400 in rewards for successfully completing short educational courses and placing your first qualifying trade<\/strong><\/a> on Coinbase.<\/strong><\/li>\n<\/ul>\n<p>Ethereum&#8217;s co-founder, Joseph Lubin, was appointed as chairman of the board, potentially signaling to investors that Sharplink is serious about adopting blockchain &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/05\/45644837\/sharplink-bets-425m-on-ethereum-as-new-wallets-withdraw-millions\" alt=\"Sharplink\" bets on ethereum as new wallets withdraw millions>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum (CRYPTO: ETH) is currently priced at $2,637.84, rising 0.03% in the last 24 hours, gaining 3.70% over the last week and 45.84% over the past month. Ethereum&#8217;s recent growth and market confidence has led to a $425 million institutional investment while on-chain activity from smaller players is giving bullish signs. Showing its long-term commitment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29025","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29025"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29025\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}