Some companies are betting on financial strategies, including Ethereum (ETH), as more institutions have acquired positions in the world’s second-largest cryptocurrency. ETH had risen 2% at $2,624 at the time of writing, but was unable to break past the $2,600 resistance level late last week.
Ethereum has grown by more than 7% over the past week, and has risen by 2.8%. Market analysts say that even with institutional involvement, assets are still not trading It is locked into a lateral channel that lasts for two months within a strict range.
Speaking on CNBC’s Squawk Box, Ethereum co-founder Joe Lubin recently said that corporate interest in Ethereum is climbing because they want to “tell the Ethereum story.”
“What does Wall Street pay attention to? It pays attention to how it can make money,” he thought.
GamesQuare Holdings launches $100 million ETH financial plan
According to July 8th Press StatementGamesQuare Holdings has announced the launch of its ETH-based financial strategy against the backdrop of its partnership with crypto capital management company dialectics.
According to Google Finance, the news rose 0.57% of the price of Tuesday’s closure session by 0.57%, and now it has changed hands at $1.54 data.
GamesQuare’s board of directors has approved ETH allocations of up to $100 million. This will be rolled out in stages, providing liquidity to ongoing operations.
Focused on ETH, the Ministry of Finance is built on its own Medici platform of dialectics that integrates machine learning, automated optimization and risk management systems. GamesQuare targets annual yields of 8-14%, which is 3-4% above the current staking benchmark.
To fund the Ether acquisition, GamesQuare has launched a public offering of more than 8.4 million shares at $0.95 per share, raising approximately $8 million. The offer was filed under a registration statement effective and declared by the SEC on June 4th and is expected to be closed by July 9th.
Sharplink acquires more than $533 million in ETH
Another media and sports betting technology company, Sharplink Gaming, revealed on Tuesday it owns 205,634 ETH worth more than $533 million, purchased between June 28th and July 4th.
New: Sharplink currently holds ~205,634 ETH
Between June 28th and July 4th, Sharplink acquired around 7,689 ETH for ~$192 million at an average price per ETH.
During that same period, the company raised an additional $64.2 million through its ATM facility and sold ~5.4 million shares.
Sharplink has pic.twitter.com/bhs0k1zbul
– Sbet (Sharplink Gaming) (@sharplinkgaming) July 8, 2025
During that period, Sharplink purchased 7,689 ETH for over $19 million and for $2,501 per token.
As It has been reported Sharplink’s shares won 7% after announcing its $30 million ether purchase on June 25th, bringing its holdings to 188,000 ETH. The company has earned 322 ETH, worth around $848,750 in rewards, and all Ether Holdings for protocol staking and relocation.
Sharplink has raised $64 million in net revenue to fund its ETH investment by selling more than 5.4 million shares. In May, it submitted plans to sell up to $1 billion in common stock.
Sharplink Chairman Lubin said the strategy is rooted in financial discipline and transparency. “Our sustained success is a direct result of Sharplink’s disciplined implementation of its ETH-centric financial management strategy,” he said.
Lubin explained that adding ETH to the company’s Treasury could reduce excess ether supply and ultimately put positive price pressure on them.
Bit Digital is all-in with Ethereum
Meanwhile, earlier this week Nasdaq List BIT Digital has completely ended Bitcoin Holding in favour of Ethereum. The company sold all its BTC assets, raising $172 million in the process and used its funds to acquire more than 100,000 ETH.
After purchasing Ethereum, BIT Digital is reportedly one of the world’s largest corporate finance companies.
“We believe Ethereum has the ability to rewrite the entire financial system,” CEO Sam Tabar told reporters earlier this week. “We’re starting out with exposure to more than 100,000 ETHs so far, but we’re actively planning to add more to become the world’s outstanding ETH holding company.”
