Ethereum News Today: SharpLink’s Ethereum Bet Rises as Corporate Staking Gains Edge Over Bitcoin

SharpLink Gaming, Inc., a major public company holding Ether (ETH) as its primary treasury reserve asset, has further expanded its Ethereum holdings. As of August 31, 2025, the company reported a total of 837,230 ETH in its treasury, valued at over $3.6 billion, up from 797,704 ETH as of August 24, 2025. This increase followed a $177 million buying spree during the week of August 25–31, 2025, in which the company acquired 39,008 ETH at an average price of $4,531 per token [1].

Joseph Chalom, SharpLink’s co-CEO, emphasized the company’s ongoing commitment to its Ethereum-focused treasury strategy, which also includes staking rewards. The company’s total staking rewards have reached 2,318 ETH since the strategy was launched on June 2, 2025. The firm also introduced a new reporting metric called “ETH Concentration,” calculated as the number of ETH held divided by 1,000 assumed diluted shares outstanding. As of the latest report, this metric rose to 3.94, up from 3.59 in early August [1].

SharpLink’s approach to Ethereum accumulation and staking has positioned it as one of the most aggressive corporate ETH buyers of 2025. The company’s strategy includes a mix of custodial staking and selective high-yield opportunities, with a strong emphasis on preserving principal while leveraging Ethereum’s programmable infrastructure. Chalom highlighted that Ethereum’s flexibility compared to Bitcoin, particularly in supporting smart contracts and decentralized finance (DeFi), makes it a superior choice for long-term treasury management [3].

Meanwhile, SharpLink faces competition from large institutional investors. A Bitcoin whale with over $11 billion in assets recently surpassed SharpLink’s Ethereum holdings, accumulating 886,371 ETH valued at over $4 billion. This whale has been actively rotating funds from Bitcoin to Ethereum through decentralized exchanges, signaling broader institutional interest in Ethereum’s potential for growth [2]. Despite this, SharpLink remains among the top corporate ETH holders, trailing only Bitmine Immersion, which holds 1.8 million ETH worth over $8 billion [2].

SharpLink’s strategic focus on Ethereum is also reflected in its expansion plans. The firm has announced its intention to strengthen its presence in Asia, with upcoming participation in key industry events in Korea and Singapore. Chalom noted that while the region has historically been more retail-driven, regulatory clarity and growing institutional interest are reshaping the landscape. SharpLink aims to build a globally diversified treasury while maintaining its core principles of transparency and institutional-grade governance [3].

The company’s equity-funded model and weekly reporting structure help avoid reliance on debt, which could become a liability during market downturns. Analysts have flagged a potential $12.8 billion debt maturity wall for Ethereum treasuries by 2028, but SharpLink’s approach minimizes the risk of forced asset sales during volatility. Chalom emphasized that the company’s lean expense structure and transparency in ETH per share metrics are key to long-term resilience [3].

In the broader market, Ethereum’s price has also benefited from corporate accumulation and growing institutional interest, including inflows into spot ETH exchange-traded funds (ETFs). Over the past five trading days, ETFs have acquired more than $1.8 billion worth of ETH, signaling increased institutional confidence in the asset [2]. SharpLink’s strategic alignment with Ethereum’s adoption as a foundational infrastructure for tokenized finance positions it well to capitalize on these trends, according to its leadership [3].

Source:

[1] SharpLink Announces Total ETH Holdings Rise to 837230 as (https://www.globenewswire.com/news-release/2025/09/02/3142626/0/en/SharpLink-Announces-Total-ETH-Holdings-Rise-to-837-230-as-of-August-31-2025.html)

[2] $11B Bitcoin whale surpasses SharpLink with $4B (https://cointelegraph.com/news/bitcoin-whale-rotates-into-ether-surpasses-sharplink-corporate-holdings)

[3] Why ETH Beats BTC for Treasury Strategy: SharpLink CEO (https://www.mitrade.com/insights/news/live-news/article-3-1086600-20250902)