How Ethereum Investments Are Boosting Firms’ Stock Prices
Publicly traded companies, including SharpLink Gaming, BTCS, and GameSquare Holdings, are intensifying their Ethereum (ETH) investments. This surge in institutional adoption highlights a growing confidence in ETH’s prospects.
Furthermore, this Ethereum-focused strategy has led to notable surges in the firms’ stock prices, with BTCS benefiting the most with a triple-digit rise.
Ethereum Treasuries Propel Stock Prices: SharpLink and BTCS Lead
In June, BeInCrypto reported that SharpLink Gaming became the largest publicly traded ETH holder after buying 176,271 ETH for approximately $463 million. The firm has now doubled down on its ETH strategy.
Yesterday, SharpLink revealed that between June 28 and July 4, it…
