Daniel Walker
In a bold move highlighting its long-term commitment to digital assets, SharpLink, the largest publicly traded Ethereum holder, has significantly expanded its Ethereum portfolio.
Between June 23 and June 27, the company purchased an additional 9,468 ETH, investing roughly $22.8 million. This brings SharpLink’s total ETH holdings to 198,167 ETH, now valued at approximately $485 million.
Despite facing unrealized losses exceeding $34 million (based on current ETH prices), the company has found a way to generate consistent returns through a full-scale staking strategy.
$540,000 Earned Through ETH Staking Alone
As of June 30, SharpLink has deployed its entire Ethereum portfolio into staking protocols. During the single week between June 21 and June 27, the company earned 102 ETH in staking rewards.
Since initiating its staking initiative, the company has earned 222 ETH in total, translating to about $540,000 in passive income.
Joseph Lubin, Chairman of SharpLink and co-founder of Ethereum, stated:
“Digital assets like Ethereum are evolving beyond speculation — they’re becoming foundational to the digital economy.”
SharpLink Unveils New ‘ETH Concentration’ Metric
In a bid to boost transparency and align with investor expectations, the company has launched a new internal performance measure: “ETH Concentration.”
Modeled after the “BTC Yield” KPI used by firms like Metaplanet and Strategy (formerly MicroStrategy), this metric reflects the total ETH held per 1,000 diluted shares.
This ratio includes:
-
Outstanding shares
-
Stock options
-
Warrants
-
Restricted stock units
It excludes buybacks and unvested shares. Since SharpLink’s announcement of its ETH strategy on June 13, the ETH Concentration has risen from 2.00 to 2.35 ETH per 1,000 diluted shares—marking a 17.7% increase in less than two weeks.
Strengthening Investor Relations Amid Strategic Growth
As part of its broader transparency initiative, SharpLink has partnered with Elevate IR, a prominent investor relations firm. Elevate IR will support the company’s financial communication strategies and stakeholder engagement.
Rob Phythian, CEO of SharpLink Gaming, commented:
“Ethereum is not just a treasury asset — it’s the technological backbone for the future of financial and gaming systems.”
Key Takeaways for Investors
-
SharpLink now holds nearly 200,000 ETH.
-
The company has staked 100% of its ETH portfolio.
-
It has earned over $540,000 in staking rewards.
-
New ETH Concentration metric provides performance insight.
-
The firm is strengthening its investor communications through strategic partnerships.
