SharpLink Gaming Completes Direct Purchase of 10,000 ETH from The Ethereum Foundation

MINNEAPOLIS, MN, July 11, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), the world's largest publicly traded company to adopt Ethereum (ETH) as its primary treasury reserve asset, today announced that the Company has entered into a definitive agreement with the Ethereum Foundation (“EF”), providing for SharpLink to purchase 10,000 ETH on the Ethereum mainnet in exchange for $25,723,680. The per ETH purchase price was $2,572.37; and the transaction closed on July 10, 2025.

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