Overview

• SharpLink holds about 838,730–839,000 ETH worth roughly $3.9 billion, accounting for around 0.69% of circulating supply and ranking second among corporate treasuries.
• Unrealized gains are reported between about $900 million and $970 million after ETH climbed to roughly $4,700, and the company has not sold its holdings.
• The firm began accumulating in June 2025, added heavily through August, and disclosures and tracking indicate the balance has stayed near 839,000 ETH since September.
• SharpLink stakes the majority of its ETH through custodians including Anchorage and Coinbase, and it is exploring yield strategies on Linea while planning to tokenize its SEC-registered SBET stock.
• Management highlights a debt-free balance sheet and a long-term Ethereum strategy, with broader institutional demand and ETF inflows supporting treasury valuations.