Lookonchain APP

App Store

SharpLink has not increased its Ethereum holdings in the past week, possibly due to its stock buyback program.

2025.09.10 09:56:28

September 10th: The Ethereum reserve company, SharpLink Gaming (SBET), has reduced the pace of its accumulation. It did not add any Ethereum in the past week. Currently, its holdings stand at 837,230 ETH, which is the same as the data observed on September 3rd. On the other hand, a similar company, Bitmine, has increased the speed of its Ethereum accumulation. It now holds a total of 2.07 million ETH and has added 206,900 ETH in the past week. BlockBeats previously reported that on September 9th, SharpLink began to implement a $1.5 billion share buyback plan and repurchased approximately 1 million shares of SBET. SharpLink stated that they believe their stock is significantly undervalued. By repurchasing shares when the Net Asset Value (NAV) is below 1, they will immediately enhance earnings and bring compounding benefits to the long-term value of shareholders.
Relevant content

Securitize's first earnings report since going public misses expectations, sending its share price plunging 20% in after-hours trading.

According to BIT (bit.com) market data, Securitize (SECZ) shares plunged 20% in Wednesday’s after-hours trading. The tokenization firm, which released its first earnings report since going public last month, missed Wall Street’s second-quarter expectations. The company is known for issuing and managing BlackRock’s BUIDL tokenized money market fund. The report showed revenue of $14.4 million, down 5% year-over-year, and below analysts’ consensus estimate of $20.6 million. Securitize posted a per-share loss of $2.37, versus the expected loss of just $0.15. Net total loss reached $21.7 million, while adjusted EBITDA shifted from a $1.8 million profit in the year-ago period to a $5.5 million loss.

2 minutes ago

Metaplanet CEO: Company Has Not Sold Any Bitcoin, Transfers Are Routine Custodial Operations

Metaplanet CEO Simon Gerovich stated in a post that the firm transferred 5,014 BTC between its custodial addresses over the past 24 hours, noting this is a routine custody operation with no Bitcoin sold. Metaplanet’s Bitcoin holdings remain at 43,000 BTC. All related addresses are public, so the transfer can be observed in real time. The transferred BTC is valued at $322 million, with total network fees amounting to roughly $8.

2 minutes ago

45 individuals have been identified in the Futu and Tiger Brokers options insider trading case, with total illicit gains of $155 million.

According to Caixin, after more than a month of retrieving brokerage data and analyzing individual transactions, U.S. options market makers HNA International and Citadel Securities—acting as plaintiffs—have significantly narrowed the scope of the suspected insider trading case involving Futu and Tiger Options to 47 accounts controlled by 45 individuals. By comparing metrics including transaction profits, return rates, contract volumes, expiration dates, brokerages, locations, and position opening times across each account, the total suspected illegal gains from the insider trading have risen to $155 million. The specific list of the 45 individuals has not been made public, but the vast majority are based outside the U.S., with most residing in mainland China and Hong Kong. One individual controls three accounts; some have earned tens of millions of dollars in illegal gains, while the smallest amount of illegal gains is hundreds of thousands of dollars.

2 minutes ago

Chinese copper foil manufacturer Longdian Huaxin lists on the New York Stock Exchange, surging over 11% on its first trading day.

According to market data from BIT (bit.com), Chinese copper foil manufacturer Longdian Huaxin (ticker: FOIL) has listed on the New York Stock Exchange. Its first trading day closed 11.36% higher, extended gains by 6.12% in after-hours trading, and is now trading at $26. The company raised $94.3 million in its IPO, marking the largest U.S. IPO by a Chinese firm since Chajiji last April. Headquartered in Shenzhen, its products are applied in sectors including electric vehicles and 5G communications, and it is reported to hold the top spot in the global battery copper foil market with a 7.6% market share.

2 minutes ago

CoreWeave extends its Nvidia A100 GPU rental contracts to 2029, while older-generation GPUs remain profitable.

AI cloud company CoreWeave’s Chief Financial Officer Nitin Agrawal told analysts that CoreWeave recently signed a contract extending its lease of Nvidia A100 GPUs through 2029. Nvidia launched the A100 in 2020, meaning customers are committed to using these chips for AI workloads roughly nine years after their release.

2 minutes ago

Independent organization Zcash Labs has launched, aiming to help enterprises overcome barriers to adopting privacy cryptocurrencies.

Independent organization Zcash Labs launched on Wednesday, with the goal of helping businesses overcome barriers to adopting privacy cryptocurrencies. Its early priorities include technical integration and support, as well as funding projects that expand ZEC’s real-world use cases.

2 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano