SharpLink adds $75 million in Ethereum as treasury holdings rise to nearly 860,000 ETH
The Block
SharpLink Gaming increased its Ethereum holdings by 19,271 ETH, bringing its total treasury to almost 860,000 ETH worth about $3.5 billion.Summary
SharpLink Gaming, a Minnesota-based company that pivoted to an Ethereum digital asset treasury strategy in June, announced it added 19,271 ETH to its balance sheet, raising its total holdings to 859,853 ETH. Despite a recent slide in Ethereum's price, the total value of its holdings remains around $3.5 billion. Furthermore, the company noted that its cumulative staking rewards have reached 5,671 ETH (over $22 million). SharpLink, whose shares trade under the ticker SBET, appointed Ethereum co-founder Joseph Lubin as Chairman in May 2025 following a significant private investment round. The company is currently the second-largest Ethereum-based digital asset treasury after Bitmine Immersion.
(Source：The Block)