SharpLink Gaming receives 10,000 ETH from Ethereum Foundation, with unrealized gains of $84.25 million
Foresight News reports that, according to Ember monitoring, SharpLink Gaming (NASDAQ: SBET) received 10,000 ETH from the Ethereum Foundation address 10 minutes after announcing its acquisition of 10,000 ETH from the Foundation. Since early June, SharpLink Gaming has been accumulating ETH reserves following a MicroStrategy-style strategy, having purchased a total of 232,000 ETH at an average price of approximately $2,615. The current unrealized profit stands at $84.25 million.
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