tradingkey.logo
tradingkey.logo
Search

24H | SharpLink Gaming Rallies Another 14% After Surging over 190% This Month; MP Materials Rises 4%; Circle Drops 2%

TigerJul 16, 2025 12:21 AM
facebooktwitterlinkedin
View all comments0

SharpLink Gaming stock surged 14.6% in overnight trading, extending its impressive monthly gain to over 190%. Shares rallied over 21% in regular session.

The dramatic rise comes after the company announced it had become the world's largest corporate holder of Ethereum (ETH), a major cryptocurrency.

According to the announcement made on July 15, 2025, SharpLink Gaming now holds 285,894 ETH, valued at approximately $8.7 billion. The company aggressively expanded its holdings between July 7 and July 13, acquiring 74,656 Ethereum tokens at a weighted average price of $2,852 per token. This strategic move positions SharpLink Gaming ahead of other corporate accumulators in the digital asset space and even surpasses the Ethereum Foundation's holdings.

MP Materials stock rose 4% in overnight trading. Shares gained 20% in regular session, closing at $58.22, a record closing high.

Tuesday, the rare-earth metals miner announced that Apple has made a $500 million commitment to purchase recycled rare-earth magnets from it.

Circle Internet stock dropped about 2% in overnight trading. Shares fell 4.6% in regular session.

The fate of long-awaited cryptocurrency legislation in the U.S. Congress was cast into doubt Tuesday, as a procedural vote to consider the measures was shot down by lawmakers from both parties, and shares of some companies in the sector fell.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.