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SharpLink Reports $500 Million Unrealized Profit from Ethereum Reserve Strategy

The company holds 838,728 ETH, reflecting significant gains since its strategy launch on June 2, 2025.

ETH

Summary

SharpLink announced that its Ethereum reserve strategy, initiated on June 2, 2025, has generated $500 million in unrealized profit. The company's latest balance sheet confirms holdings of 838,728 ETH, underscoring the substantial capital gain from this approach.

Terms & Concepts
  • Ethereum (ETH): A decentralized blockchain platform with its native cryptocurrency, Ether, used for transactions and smart contracts.
  • Unrealized Profit: Potential gain from an asset whose value has increased but has not been sold to realize the profit.
  • Reserve Strategy: An asset management approach where a company maintains holdings in a specific asset to support long-term objectives, often used with cryptocurrencies.