On July 11, Sharplink Gaming, often referred to as the “ETH version of MicroStrategy,” expanded its Ethereum portfolio by acquiring an additional 12,648 ETH, valued at approximately $35.31 million, as reported by Yuji monitoring. This strategic accumulation highlights the company’s robust confidence in Ethereum’s long-term value proposition. Currently, Sharplink Gaming’s total holdings exceed 222,000 ETH, with an average acquisition cost of $2,617 per ETH. Such significant investment activity underscores the growing institutional interest in Ethereum as a core digital asset within diversified crypto portfolios.