SharpLink Gaming Increases Total Staking Rewards to 1,799 ETH, $200 Million for ETH Acquisitions.

SharpLink Gaming has increased its total staking rewards to 1,799 ETH as of August 24, 2025. The company has approximately $200 million in cash available for additional ETH acquisitions. SharpLink has purchased ETH for the period of August 18-24, 2025, and raised capital through its ATM facility during August 18-22, 2025. The company's ETH treasury strategy has demonstrated strength and commitment to building long-term value.

SharpLink Gaming, Inc. has significantly expanded its Ethereum (ETH) holdings and staking rewards, reflecting its growing confidence in the cryptocurrency's long-term value. As of August 24, 2025, the company's total ETH holdings have increased to 797,704, an impressive figure that underscores its aggressive accumulation strategy [2].

During the week ending August 24, 2025, SharpLink purchased an additional 56,533 ETH at an average price of $4,462, raising $360.9 million in net proceeds through its ATM facility [2]. This acquisition, along with the company's existing ETH holdings, has positioned SharpLink as one of the world's largest corporate holders of Ether, with a current value of approximately $3.7 billion [2].

The company's staking rewards have also seen substantial growth. As of August 24, 2025, SharpLink's total staking rewards reached 1,799 ETH since the launch of its treasury strategy on June 2, 2025 [2]. This passive income stream is a significant revenue source at current ETH prices.

SharpLink maintains approximately $200 million in cash reserves, demonstrating its financial capacity to continue acquiring ETH and expanding its treasury strategy [2]. The company's "ETH Concentration" metric, which measures ETH holdings per 1,000 diluted shares, stands at 3.80, reflecting its commitment to increasing ETH exposure per share [2].

The company's aggressive ETH accumulation strategy positions it as a publicly-traded proxy for Ethereum exposure, similar to how MicroStrategy functions for Bitcoin. By systematically raising capital to purchase ETH, SharpLink offers investors a way to gain Ethereum exposure through a traditional market vehicle.

SharpLink's treasury strategy includes the direct purchase of ETH and the reinvestment of staking rewards, reinforcing its position as a major player in the Ethereum ecosystem. The company's actions reflect a growing corporate interest in Ethereum as both an investment and a core treasury asset, signaling confidence in its long-term value and utility [1][2][3][4][5][6][7].

References:
[1] https://www.tradingview.com/news/cryptonews:dd6e891e4094b:0-sharplink-gaming-inc-bets-big-on-ethereum-with-143k-eth-buy-and-537m-war-chest/
[2] https://www.stocktitan.net/news/SBET/sharp-link-announces-total-eth-holdings-increased-to-797-704-as-of-99d3ktvfiipq.html
[3] https://coinlaw.io/sharplink-ethereum-holdings-740k-eth/
[4] https://www.globenewswire.com/news-release/2025/08/19/3135646/0/en/SharpLink-Reports-Total-ETH-Holdings-Climb-to-740-760-as-of-August-17-2025-Raised-537-Million-in-Net-Proceeds-for-Week-of-August-10-August-15-2025.html
[5] https://www.investing.com/news/cryptocurrency-news/sharplink-gaming-raises-537-million-boosts-eth-holdings-to-740760-432SI-4199945
[6] https://news.bitcoin.com/corporate-ether-holdings-at-sharplink-surge-to-over-740000-eth/
[7] https://cryptobriefing.com/ethereum-treasury-holdings-sharplink/