# SharpLink Expands ETH Reserve

*The company acquired 10,000 ETH in an over the counter transaction directly with the Ethereum Foundation.*

By [ETH Daily](https://ethdaily.io) · 2025-07-11

news, 2025, july2025

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Quick Take
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*   SharpLink buys 10k ETH from EF.
    
*   BTCT announces a $1m ETH reserve.
    
*   Ethereum Time Capsule opens submissions.
    
*   Dynamic single-click smart wallets on ZKsync.
    

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SharpLink Expands ETH Reserve
-----------------------------

Listen to this episode from ETH Daily - Ethereum Daily Crypto News on Spotify. SharpLink Gaming buys 10,000 ETH directly from the Ethereum Foundation. BTCT announces a $1m strategic ETH reserve. The Ethereum Time Capsule opens submissions. And Dynamic launches smart wallets on ZKsync.

https://spotify.com

![](https://storage.googleapis.com/papyrus_images/0ea07839ea38b840029855d2c007c5dc.jpg)

](https://open.spotify.com/episode/5GptK06nTJFxlJ6qcTEv85)

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SharpLink Expands ETH Reserve
-----------------------------

SharpLink Gaming has [acquired](https://investors.sharplink.com/news-eth-foundation-treasury-acquisition/) an additional 10,000 ETH at an average price of $2,572.37 per ETH. With this purchase, SharpLink has become the largest publicly traded company to maintain a strategic ETH treasury reserve and now ranks as the second-largest ETH-holding entity after the Ethereum Foundation. The transaction was conducted over the counter [directly](https://x.com/ethereumfndn/status/1943642682825523320) with the Ethereum Foundation. Proceeds from the sale will fund the Foundation’s core operations, including protocol research and development. SharpLink Gaming now holds a total of 215,957 ETH in its treasury.

BTCT Announces $1M Strategic ETH Reserve
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BTC Digital Ltd. [announced](https://btct.investorroom.com/2025-07-11-BTCT-Announces-Completion-of-1-Million-Ethereum-Strategic-Reserve) the creation of a $1 million strategic Ethereum reserve, making it the latest company to shift from Bitcoin mining to Ethereum. The company aims to engage in DeFi, stablecoin issuance, and asset tokenization as part of its broader strategy. The $1 million ETH purchase represents just an initial step, with plans to increase holdings over time. CEO Siguang Peng highlighted Ethereum’s role as the leader for stablecoin transactions, high-volume onchain payments, and innovative financial applications. ETH Strategy, an autonomous treasury protocol, also [acquired](https://x.com/eth_strategy/status/1943641105108508924) 6,900 ETH for its ETH treasury.

Ethereum Time Capsule Opens Submissions
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In celebration of Ethereum’s 10th anniversary, the Ethereum Time Capsule is [accepting](https://x.com/ethereumfndn/status/1943719894924632440) encrypted digital messages from the community. Anyone can contribute stories, memories, or messages until submissions close on 30 July 2025. All entries will stay encrypted and will be publicly revealed one year later on 30 July 2026. Each submission costs 0.001 ETH on Ethereum Mainnet, with all proceeds going to the Protocol Guild. The capsule uses Shutter Network’s encryption to secure messages until the unlock date.  

Dynamic Smart Wallets On ZKsync
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Wallet Provider Dynamic [launched](https://x.com/turbahn/status/1943675662553989200) one-click smart wallets on ZKsync, featuring Single Sign-On (SSO). The integration enables the creation of embedded wallets secured by onchain passkeys using email or social login. As part of Dynamic’s Global Wallet solution, the embedded wallets are portable across any chain in the Elastic network.

Other News
----------

*   Ethproofs [lists](https://x.com/eth_proofs/status/1943651609973596356) ZisK zkVM 
    
*   Zisk v0.9.0 [release](https://x.com/ziskvm/status/1943631683959321069)
    
*   GMX exploiter [returns](https://x.com/GMX_IO/status/1943654914749534380) funds
    
*   Binji [joins the](https://x.com/binji_x/status/1943663701640302718) EF
    
*   Ethproofs Call #3 Recap: [Gigagas L1](https://x.com/corcoranwill/status/1943767741128986914)
    
*   ERC-4337 [info hub](https://docs.erc4337.io/)
    
*   Paragraph [launches](https://x.com/paragraph_xyz/status/1943718891978694917) Post Coins
    
*   Unichain CFM experiment [results](https://x.com/butterygg/status/1943707309492068842)
    
*   Arbitrum Yap [rewards](https://x.com/arbitrum/status/1943691816806600874)
    
*   Tom Lee [interview](https://x.com/_NYNext/status/1943654672604045756) on NYNext
    
*   Coinbase [acquires](https://www.coinbase.com/blog/moving-markets-onchain-welcoming-opyn-markets-to-coinbase) Opyn leadership
    

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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

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*Originally published on [ETH Daily](https://ethdaily.io/738)*