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Sharplink stakes $91M more in Ethereum, boosting its massive ETH treasury.

Protocol Fundamentals
21 Aug 2026
Bitcoin
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Neutral
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Sharplink Gaming has staked an additional 39,319 ETH valued at about $91 million, adding to its already large treasury of 888,938 ETH. This move aligns with the company's strategy to accumulate and stake ether rather than hold it idle, generating staking revenue that contributed $11.2 million in Q2 2026 despite a significant net loss. Led by CEO Joseph Chalom, Sharplink aims to increase ETH per share over the long term, with institutional investors showing strong confidence in this approach. The company also launched a $125 million fund to diversify earnings through onchain strategies, signaling continued commitment to Ethereum staking amid market volatility.

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