SharpLink Makes History: First Public Company to Embrace Ethereum as Treasury Reserve

Wall Street meets Web3—SharpLink just flipped the corporate treasury playbook on its head.

The Nasdaq-listed gaming tech firm became the first publicly traded company to allocate treasury reserves to Ethereum, signaling a seismic shift in institutional crypto adoption.

Why this breaks the mold: Forget Bitcoin maximalism—SharpLink's bet on ETH suggests smart contract platforms are now legitimate stores of value. The move comes as traditional finance still debates whether crypto belongs on balance sheets at all.

The cynical take: Probably a PR stunt to distract from their Q2 earnings miss—but hey, at least they didn't buy JPEGs of apes like some hedge funds we know.

One thing's clear: The 'crypto as corporate asset' experiment just leveled up. Regulators, sharpen your pencils.