Ethereum News Today: SharpLink Stakes 521,939 ETH in Treasury, Boosting Ethereum Exposure by 83%

SharpLink, the firm behind the SBET token, has fully staked 521,939 ETH in its treasury, representing a major institutional commitment to Ethereum [1]. The staked ETH, which accumulated to this amount by August 3, 2025, reflects SharpLink’s strategic and long-term belief in the value and stability of the Ethereum network. The company acquired this holding through a series of large-scale purchases, including 74,700 ETH and 83,600 ETH in the weeks ending July 13 and July 20, respectively [4]. The most recent acquisition was funded via the company’s At-the-Market (ATM) facility, generating $264.5 million in net proceeds from the issuance of 13.6 million shares [4].

The fully staked treasury not only generates yield through Ethereum’s proof-of-stake mechanism but also aligns with broader trends of institutional adoption in the Ethereum ecosystem [6]. SharpLink’s ETH-per-share metric, or “ETH Concentration,” has increased to 3.66, a rise from 3.40 the prior week and an 83% increase since the start of its treasury strategy [4]. This metric illustrates how closely the company is tying shareholder value to Ethereum’s price performance and adoption.

Joseph Chalom, SharpLink’s newly appointed Co-CEO, has emphasized the company’s intent to explore additional capital formation strategies to scale its Ethereum holdings further [4]. The firm is now among the top institutional Ethereum holders, with its holdings valued at approximately $2 billion based on current Ethereum prices [6]. This aggressive accumulation strategy has positioned SharpLink as a key player in the institutional Ethereum market, maintaining its second-place ranking among 66 known Ethereum treasuries [1].

The company’s commitment to long-term value is further highlighted by the fact that all ETH is staked, which not only locks in liquidity but also generates ongoing staking rewards. Since the start of its treasury strategy on June 2, 2025, SharpLink has earned cumulative staking rewards of 929 ETH [3]. This approach not only reinforces the economic incentives of staking but also demonstrates confidence in Ethereum’s deflationary structure and network security.

While the firm has disclosed potential risks, including impairment concerns related to its liquid staking assets in Q2 2025 [7], it remains focused on expanding its Ethereum holdings and leveraging the benefits of staking to enhance shareholder value. The continued accumulation and staking strategy underscore SharpLink’s vision of building a long-term value proposition for SBET holders through exposure to Ethereum’s growing adoption and network effects [2].

Source:

[1] Theblock – [https://www.theblock.co/post/365656/joe-lubin-sharplink-buys-83561-eth](https://www.theblock.co/post/365656/joe-lubin-sharplink-buys-83561-eth)

[2] Bitcoin.com – [https://news.bitcoin.com/sharplink-acquires-264-5-million-in-eth-boosting-holdings-to-521939/](https://news.bitcoin.com/sharplink-acquires-264-5-million-in-eth-boosting-holdings-to-521939/)

[3] AInvest – [https://www.ainvest.com/news/ethereum-news-today-sharplink-buys-83-561-eth-264-5m-largest-corporate-eth-purchase-2508/](https://www.ainvest.com/news/ethereum-news-today-sharplink-buys-83-561-eth-264-5m-largest-corporate-eth-purchase-2508/)

[4] Stock Titan – [https://www.stocktitan.net/news/SBET/sharp-link-increases-total-eth-holdings-to-521-939-as-of-august-3-ybivzeoj6kyw.html](https://www.stocktitan.net/news/SBET/sharp-link-increases-total-eth-holdings-to-521-939-as-of-august-3-ybivzeoj6kyw.html)

[5] X – [https://x.com/Cointelegraph/status/1952723901164732498](https://x.com/Cointelegraph/status/1952723901164732498)

[6] AInvest – [https://www.ainvest.com/news/ethereum-news-today-sharplink-ethereum-holdings-hit-2-billion-record-weekly-purchase-2508/](https://www.ainvest.com/news/ethereum-news-today-sharplink-ethereum-holdings-hit-2-billion-record-weekly-purchase-2508/)

[7] Stock Titan – [https://www.stocktitan.net/sec-filings/SBET/8-k-sharp-link-gaming-ltd-reports-material-event-5f1f5e6d75c1.html](https://www.stocktitan.net/sec-filings/SBET/8-k-sharp-link-gaming-ltd-reports-material-event-5f1f5e6d75c1.html)