According to on-chain analyst Ember, based on the number and price of Bitmine and SharpLink's purchase announcements since the start of the reserve ETH, the purchase costs of the two Ethereum are as follows:
BitMine (BMNR) started buying ETH on 7/9 and held 1,523,373 ETH at 8/17, with an average cost of $3,730.
SharpLink (SBET) started buying ETH on 6/13 and held 740,760 ETH on 8/17 at an average cost of $3,478.
The cost price of ETH held by BitMine and SharpLinkGaming is $2,244 and $2,300 respectively
2025-08-20 01:41:46
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