PANews reported on August 19th that SharpLink announced it had increased its ETH holdings by 143,593 at an average price of approximately $4,648, bringing its total holdings to 740,760. As of August 17, 2025, the company had raised $537 million through ATMs and direct issuance. Staking rewards since June 2nd totaled 1,388 ETH, increasing the ETH concentration by 94% to 3.87. Furthermore, the company has over $84 million in cash remaining to be deployed.