In a noteworthy achievement, SharpLink has generated 499 ETH from staking rewards in just one week. This means that the Nasdaq-listed company has amassed a total of 23,490 ETH through staking since implementing its treasury strategy, bringing its overall Ethereum holdings to an impressive 887,673 ETH.

Currently, SharpLink is the second-largest holder of Ethereum among publicly traded companies, trailing only Bitmine Immersion Technologies, which possesses over 5.7 million ETH. This significant accumulation highlights SharpLink’s commitment to enhancing its asset portfolio.

SharpLink offers a unique avenue for investors keen on gaining exposure to Ethereum without dealing directly with wallets or exchanges. By purchasing shares of SBET on Nasdaq, investors can indirectly benefit from the company’s Ethereum stakes. The recent staking rewards, which represent passive income derived from securing the Ethereum network, exemplify how the company is leveraging its ETH holdings.

The company maintains full transparency with its holdings through a public ETH dashboard, detailing staking rewards and per-share ETH metrics. As of now, the average purchase price across its Ethereum portfolio stands at $3,586 per ETH, suggesting a strategic approach to asset management.

In June 2026, SharpLink reignited its buying strategy, adding 5,000 ETH on June 25, followed by another 10,000 ETH shortly after at an average price of $1,611 each. This is a significant discount compared to the company’s overall portfolio average, effectively lowering its cost basis in Ethereum.

In just about two months, SharpLink has seen its total ETH holdings grow by roughly 14,700 ETH, driven by both direct purchases and staking rewards. The funding for these acquisitions partly comes from at-the-market equity offerings, allowing for gradual share sales at prevailing market prices and reducing dilution.

SharpLink’s position as the second-largest public Ethereum holder is remarkable, especially given how recent this investment landscape has become. Just a few years ago, this category hardly existed, but now it represents a viable investment route in the crypto world.

This material is for informational purposes only and does not constitute financial advice.