Sharplink says ETH staking rewards reach 23,918 ETH under treasury strategy

The Ethereum treasury company said on X that it earned 428 ETH in staking rewards last week, highlighting yield generated from its ETH holdings.

ETH

Summary

Sharplink said its cumulative Ethereum staking (locking crypto to earn rewards) income has reached 23,918 ETH since it began its ETH treasury strategy. The Ethereum treasury company also said it generated 428 ETH in staking rewards last week, underscoring how corporate crypto treasuries can seek yield on held assets rather than keeping them idle.

Terms & Concepts
  • staking: Locking crypto to help secure a network for rewards
  • ETH treasury strategy: A company plan to hold Ether as a treasury asset
  • staking rewards: Yield paid to participants who stake tokens