SharpLink has surpassed the Ethereum Foundation in terms of ETH assets

The news is being updated. The public company SharpLink has surpassed the non-profit organization Ethereum Foundation in terms of Ethereum reserves — ~280,600 ETH compared to ~241,500 ETH ( $882 million and $759 million respectively ).

Rating of organizations by Ethereum volumes on balance. Data: Strategic ETH Reserve. Third and fourth places are occupied by firms PulseChain and Bitmine Immersion Tech. Their Ethereum reserves are $522 million and $512 million respectively.

From July 7 to July 13, SharpLink acquired 74,656 ETH for a total of $213 million at an average price of $2,852.

"The balance is approximately 280,706 ETH. About 99.7% of the coins are involved in staking or restaking. Since June 2, the income has amounted to about 415 ETH," noted the company's representatives.

Ethereum assets of SharpLink Gaming. Data: Arkham. The total volume of Ethereum reserves on corporate balances is 1.6 million ETH (~$5 billion); the ETF figure is 4.56 million ETH ($14.33 billion).

Ethereum reserves on the balance of companies and ETFs. Data: Strategic ETH Reserve.