PANews reported on July 19 that according to data from Strategic ETH Reserve, Nasdaq-listed company SharpLink Gaming's current Ethereum holdings are worth $1 billion (about 280,600 ETH), making it the second US-listed company with Ethereum holdings worth $1 billion, second only to Bitmine Immersion Tech, which currently holds approximately 300,700 Ethereum, worth approximately $1.07 billion.

In addition, the total ETH holdings of leading institutions with Ethereum reserves of more than 100 ETH have increased to approximately 1.8 million, worth approximately US$6.29 billion.