SharpLink has increased its Ethereum reserves for the first time in eight months, acquiring 5,000 ETH valued at approximately $7.85 million from FalconX. As per Lookonchain, the firm now possesses a total of 876,285 ETH and equivalent assets, facing an unrealized loss of about $1.71 billion.

Meanwhile, BitMine disclosed a total of 5.673 million ETH along with $601 million in cash and liquid securities. The company is also looking to have its BMNR shares added to the Russell 1000 index following the close of trading on June 26.