Sharplink Rakes in $33M From Ether Staking as “100% ETH” Bet Pays Off
SharpLink Gaming’s resolution to commit totally to Ethereum and place its whole crypto treasury into staking is starting to indicate measurable outcomes, as the corporate stories greater than $33 million in passive earnings generated from Ether staking over the previous seven months.
The disclosure locations SharpLink amongst a rising group of public corporations treating staking not as a speculative experiment, however as a core treasury technique.
SharpLink Builds Yield While Holding 864,000 ETH
The knowledge revealed on the corporate’s dashboard shows that SharpLink has earned a complete of 10,657 ETH in staking rewards, gathered steadily since mid-2025.
At present costs, that determine interprets to roughly $33 million. The firm mentioned it generated 438 ETH in staking rewards over the previous week alone, including about $1.4 million in worth for shareholders throughout that interval.
In a submit shared on X, SharpLink reiterated its strategy, stating that its technique stays “100% ETH and 100% staked.”
SharpLink is now the world’s second-largest company holder of Ether, with whole holdings of 864,840 ETH.
The firm has steadily elevated its publicity over the previous 12 months, with its ETH stability chart exhibiting constant accumulation from June by early January.
The common acquisition worth throughout its holdings stands at $3,609 per ETH, meaning the corporate is presently sitting on an unrealized lack of $395.6 million primarily based on Ethereum’s present market worth of about $3,097.
Despite that, the staking rewards proceed to build up and partially offset worth volatility.
The firm’s ETH reserve is valued at roughly $2.66 billion at present market costs and represents about 0.71% of Ethereum’s circulating provide.
Of that reserve, round 8,780 ETH has been generated by yield reasonably than direct purchases, reflecting earnings from staking and associated on-chain methods.
SharpLink’s estimated internet asset worth tied to its ETH holdings is roughly $2.65 billion, whereas its fundamental market internet asset worth ratio sits at 0.76x, indicating that the corporate’s shares are buying and selling at a reduction to the worth of its underlying property.
SharpLink’s inventory, buying and selling beneath the ticker SBET, was priced at $10.31 as of the most recent replace, up 0.34% on the day.
Average day by day buying and selling quantity over the previous month stands close to $82.2 million, pointing to sustained liquidity and investor curiosity.
The firm’s market capitalization is estimated at $2.21 billion, with an enterprise worth of about $2.18 billion primarily based on a blended evaluation of its fairness and ETH holdings.
The agency says it’s now working in what it calls the “ETH Standard Era,” reporting a efficiency improve of 67.64% since adopting Ethereum as its core stability sheet asset.
Corporate ETH Staking Gains Pace as SharpLink Moves $170M Into Linea
Beyond native staking, SharpLink has expanded into restaking methods.
This week, the company disclosed that it deployed an additional $170 million worth of ETH into Linea, an Ethereum layer-2 community, to earn incremental restaking rewards.
SharpLink, the world’s second-largest company holder of Ethereum, has deployed $170M in ETH on Linea as a part of its $200M crypto treasury technique.#Ethereum $SBEThttps://t.co/rYSZM60B4U
— Cryptonews.com (@cryptonews) January 8, 2026
The multi-year initiative, first introduced in October, is custodied by Anchorage Digital Bank and combines base Ethereum staking returns with incentives from Linea and associated protocols.
SharpLink’s transfer mirrors a broader pattern amongst company crypto treasuries.
BitMine Immersion Technologies, presently the most important company Ether holder, has staked greater than 936,500 ETH price about $2.87 billion.
In late December, BitMine staked over 342,000 ETH in less than 48 hours, briefly tightening Ethereum’s validator queues.
On January 8, the company added nearly 100,000 ETH more, lifting its whole holdings above 900,000 ETH.
Institutional curiosity is extending past company treasuries, with Morgan Stanley recently filing to launch a spot Ether exchange-traded fund designed to seize staking yield.
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