Joe Lubin’s Bold ETH Accumulation Strategy
SharpLink Gaming, under the leadership of Ethereum co-founder Joe Lubin, is making aggressive moves to accumulate Ether (ETH) faster than any other firm. Currently holding 360,800 ETH worth $1.35 billion, SharpLink is now the second-largest Ethereum treasury firm, trailing only BitMine Immersion Technologies, which holds 566,800 ETH valued at $2.13 billion, according to StrategicETHReserve.
Lubin, who is also the CEO of blockchain infrastructure company Consensys, stated that the firm aims to accumulate more Ether per fully diluted share than any other competitor — including both Ethereum and Bitcoin treasury firms.
“We’re accumulating capital every single day,” Lubin said, referring to their at-the-market facilities that provide ongoing liquidity to fund Ethereum purchases.
Institutional Demand Fueling Ethereum’s Rise
This institutional demand for ETH is translating into real market impact. Over the past three months, Ethereum has surged 110%, reaching $3,800, outpacing rivals like Bitcoin and Solana, which have seen more modest gains.
**“Institutional FOMO at scale” is now driving this market,” said a leading cybersecurity analyst._
The ongoing competition between treasury firms is also validating Ethereum’s transition into institutional-grade infrastructure. ETH is no longer viewed as just a smart contract platform but as a strategic asset for corporate treasuries.
Ethereum Treasury Race Tightens
Other major ETH holders include The Ethereum Foundation, The Ether Machine, and PulseChain, all in the top five treasury holders. Additionally, Coinbase, Bit Digital, and Golem Foundation each hold more than 100,000 ETH, showing the growing interest in long-term ETH reserves.
Why This Matters for ETH Investors
The sharp rise in ETH accumulation among major firms is creating upward demand pressure, especially ahead of potential spot ETF approvals. This could significantly reduce supply in circulation, pushing prices higher.
ETH’s growing adoption by public companies and treasuries signals its institutional maturity — making it a vital asset in the new digital economy.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.