SharpLink’s ETH Staking Bonanza: 360,807 ETH Holdings & 567 ETH Earned—Proof of Work Pays Off

Ethereum just printed another bullish case study—and Wall Street’s spreadsheet jockeys missed it again.

SharpLink’s crypto treasury now bulges with 360,807 ETH, while their staking rigs quietly minted 567 ETH. Passive income? Try proof-of-stake alpha generation.

While traditional finance chases 5% bond yields, decentralized validators are serving double-digit returns. The kicker? Zero fund managers skimming fees off the top.

Memo to the ‘diversified portfolio’ crowd: your financial advisor still thinks ETH is a meme.

SharpLink’s ETH concentration, which measures the ratio of ETH holdings to total capital, rose to 3.06—up 53% since the company launched its digital treasury strategy on June 2.

Since initiating this approach, SharpLink reports it has earned 567 ETH through staking rewards. Despite this accelerated build-up, the company still holds $96.6 million in unused net proceeds from its At-The-Market (ATM) facility, set aside for additional ETH purchases.

Chairman Joseph Lubin, who also serves as Co-Founder of Ethereum and CEO of Consensys, highlights the company’s methodical approach.

“We continue to strategically leverage our ATM facility to build our ETH treasury in pursuit of our long-term growth objectives,” Lubin states.

“The continued strength of ETH and our ability to acquire large volumes at opportunistic prices support our aim to continue enhancing ETH concentration and shareholder value through disciplined execution of our treasury growth strategies,” adds Lubin.

Serious financial actors and nation states appreciate a platform that’s been up, nonstop, for 10 years

It’s looking good for Ethereum pic.twitter.com/KYms4YNvO7

“It’s looking good for Ethereum. Serious financial actors and even nation states are recognizing the value of a platform that has been running nonstop for over a decade,” said Lubin in a recent interview posted on SharpLink’s X page.

Support for the Genius Act and Regulatory Progress

SharpLink also expressed strong support for the recent signing of the Genius Act into law by President Donald J. Trump. The newly passed legislation offers a regulatory framework for digital assets and smart contracts in the United States, a development the company views as critical for future blockchain innovation.

For firms like SharpLink, the law offers clarity on compliance and lays the foundation for broader institutional adoption. Lubin explains how this regulatory clarity strengthens the company’s strategy.

“With the Genius Act now law, the regulatory uncertainty that has surrounded crypto innovation is finally easing. We believe this ushers in a more supportive environment for companies like SharpLink to not only operate and grow, but also to harness the full potential of Ethereum,” he said.

$SBET Price Action

SharpLink showed signs of recovery, rising 10.6% to $27.94, suggesting renewed interest possibly driven by recent updates to the company’s ETH treasury strategy.

The current market cap stands at $2.6 billion, and while key metrics such as P/E ratio and dividend yield are not disclosed, the stock remains well above its 52-week low of $2.26.

As the digital asset sector gains momentum, SharpLink is positioning itself as a long-term leader within the Ethereum ecosystem.

By prioritizing ETH in its treasury model and earning through staking, the company demonstrates strong conviction in Ethereum’s future. Its combination of treasury execution, legislative support, and blockchain integration reinforces SharpLink’s vision to play a lasting role in the next phase of digital finance.