Ethereum News Update: SharpLink’s Ethereum-Centric Approach Generates $23 Million in Staking Profits, Doubles Shareholder Assets
- SharpLink Gaming boosts ETH holdings to 859,853, valued at $3.5B, via strategic accumulation and staking rewards. - $76.5M capital raise funds ETH purchases below raise price, generating $23M in staking yields since June 2025. - ETH Concentration metric doubles to 4.0, reflecting institutional crypto adoption and shareholder value focus. - As public entity with 601K native ETH and 258K staked ETH, SharpLink sets crypto treasury benchmark with transparent metrics.
SharpLink Gaming, Inc. (Nasdaq: SBET) has notably increased its
This ETH acquisition came after a $76.5 million fundraising round on October 17, 2025, which was completed at a premium to the company’s net asset value (NAV). The raised funds were used to buy ETH at prices below the capital raise, a move Chalom described as “immediately beneficial for shareholders,” according to the company’s
Currently, SharpLink’s ETH portfolio includes 601,143 native tokens and 258,710 ETH equivalents held through liquid staking tokens (LsETH). Since the launch of its treasury plan on June 2, 2025, the company has earned 5,671 staking rewards, comprising 2,237 native rewards and 3,434 LsETH-equivalent rewards, as stated by
The firm’s “ETH Concentration” indicator, which is calculated by dividing total ETH holdings by 1,000 assumed diluted shares, has risen to 4.0 since June 2025—doubling over that period. This growth supports SharpLink’s broader objective of increasing shareholder value through digital asset investments. The company also maintains $36.4 million in cash and equivalents, ensuring liquidity for future ETH purchases or other strategic moves.
SharpLink’s robust ETH acquisition strategy has attracted notice from financial experts, who point out the company’s distinctive status as a publicly listed business with significant cryptocurrency assets. By designating ETH as a primary reserve,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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