SharpLink: ETH Concentration Per Thousand Shares Has Increased from Approximately 2 to 3.4, a 70% Rise

BlockBeats News, August 1—SharpLink Gaming, known as the “ETH version of MicroStrategy,” stated in a post that their mission is to accumulate as much Ethereum as possible while maximizing shareholder value. To ensure full transparency, they not only report the number of shares issued or the amount of ETH held, but also track the amount of ETH per 1,000 shares. They refer to this as “ETH concentration,” which indicates how much Ethereum backs every 1,000 shares of SBET stock. Since the launch of their ETH treasury strategy, the “ETH concentration” has increased from approximately 2.00 to about 3.40, a 70% rise.