Ethereum treasury company Sharplink Gaming has acquired another 21,487 ETH worth $64.24 million. The company bought the ETH in over-the-counter (OTC) deals

Key Takeaways The Ethereum Foundation sold 10,000 ETH, raising $25.7 million to fund protocol R&D. Nasdaq-listed SharpLink Gaming (SBET) purchased the ETH, describing the move as a long-term commitment.

SharpLink bought 10,000 ETH for $25.7M from the Ethereum Foundation, signaling long-term staking and treasury use.