PANews reported on July 19 that according to Strategic ETH Reserve data, Nasdaq-listed SharpLink Gaming's Ethereum holdings have reached $1 billion (about 280,600 ETH), becoming the second U.S. listed company with Ethereum holdings worth $1 billion, second only to Bitmine Immersion Tech. The latter currently holds about 300,700 Ethereum coins, worth about $1.07 billion.

In addition, the total amount of ETH held by the leading institution with more than 100 ETH in Ethereum reserves has increased to about 1.8 million, worth about $6.29 billion.