SharpLink Gaming (SBET) Holds 797,700 ETH Worth $3.55B — 82% Rise in 30 Days Generates $753M Unrealized Gain

COINOTAG News on August 31 cited data from strategicethreserve indicating that SharpLink Gaming (SBET) holds 797,700 ETH, representing a market value of approximately $3.55 billion. The on-chain position expanded by 82% over the prior 30 days, producing an unrealized gain of roughly $753 million on a notional basis. These figures reflect a data snapshot rather than executed trades and are reported by the referenced analytics provider.

The disclosure underscores a material Ethereum concentration within SBET’s balance sheet, highlighting considerations around portfolio allocation and potential liquidity exposure. All amounts are derived from the cited on-chain dataset and prevailing ETH prices at the time of reporting; stakeholders should account for price volatility when evaluating market exposure. Source: strategicethreserve via COINOTAG News (August 31).