---
title: "Sharplink Buys Ethereum for First Time in 2026—With ETH Down 68% From Peak"
url: https://thecoingazette.com/sharplink-buys-ethereum-for-first-time-in-2026aewith-eth-down-68-from-peak/
date: 2026-06-30
modified: 2026-06-30
author: "Coin Gazette Editorial"
description: "Business"
categories:
  - "Crypto News"
tags:
  - "BUSINESS"
  - "crypto"
  - "ETH"
  - "ethereum"
  - "treasury"
word_count: 21
---

# Sharplink Buys Ethereum for First Time in 2026—With ETH Down 68% From Peak

Ethereum treasury firm Sharplink purchased around $16 million worth of ETH last week, marking its first crypto buy since last year.