$ETH Treasury Firm #SharpLink Reports $900M Unrealized Profit


SharpLink Gaming has disclosed unrealized gains exceeding $900 million since initiating its Ethereum treasury strategy in early June. The Nasdaq-listed company, trading under ticker SBET, doubled its $ETH holdings over the four-month period.


The firm currently maintains approximately 839,000 $ETH on its balance sheet with zero debt obligations. SharpLink emphasized that the returns demonstrate the productivity of yield-bearing digital assets. The company's approach represents growing adoption of digital asset treasury strategies among publicly traded corporations.


SharpLink has outlined plans to tokenize its common stock on the #Ethereum #blockchain. Joseph Lubin, who chairs SharpLink and founded Consensys, discussed upcoming collaboration on Linea, the Ethereum #layer-2 network developed by Consensys. The firm previously indicated intentions to stake portions of its holdings on the layer-2 infrastructure.


Lubin projected that SharpLink would continue accumulating Ethereum while Linea delivers risk-adjusted yields unavailable elsewhere in the industry. He suggested substantial amounts of $ETH could be staked on Linea once platform features launch. The network aims to position itself as the optimal layer-2 deployment destination.

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October 07, 2025 at 1:11 PM
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