SharpLink Expands Ethereum Holdings to $3.5 Billion Amid Staking Gains
SharpLink Gaming’s latest disclosure shows it added over 19,000 ETH since June, bringing total holdings to 859,853 ETH valued at approximately ¥502.7 billion.
ETH
Summary
SharpLink Gaming announced it added 19,271 ETH to its balance sheet, raising total holdings to 859,853 ETH valued at ¥502.7 billion. Since June, the company has accumulated 5,671 ETH in staking rewards worth more than ¥3.3 billion, demonstrating continued growth in its Ethereum-based treasury operations.
Terms & Concepts
- Ethereum (ETH): A decentralized blockchain network supporting smart contracts and decentralized applications.
- Staking Rewards: Earnings generated by locking cryptocurrency to support network operations and receive yield in return.