SharpLink Ramps Up ETH Holdings, Staking 99.7% for Yield and Growth
TLDR:
- SharpLink added 79,949 ETH in one week, its largest weekly crypto purchase.
- Over 99.7% of SharpLink’s 360K ETH holdings are now actively staked.
- $96.6M raised remains unused, likely earmarked for more ETH acquisitions.
- Genius Act’s crypto clarity supports SharpLink’s aggressive ETH treasury play.
SharpLink Gaming is making waves. The company just ramped up its Ethereum holdings to over 360,000, signaling a sharp pivot in corporate crypto strategy.
While others test the waters, SharpLink dove headfirst. It’s not just holding ETH, it’s staking nearly all of it. This move flips the script on how firms treat digital assets.
SharpLink Acquires 79,949 ETH in One Week
Between July 14 and 20, SharpLink bought nearly 80,000 ETH, the largest weekly purchase in its records. The firm spent roughly $258 million at an average price of $3,238. That pushed total ETH holdings up by 29% in just seven days.
This aggressive move follows the company’s digital treasury rollout on June 2. Since then, SharpLink has gained 567 ETH through staking rewards. Their ETH concentration has risen 53%, showing a clear shift in strategy.
The company is funding these buys using its At-The-Market share offering facility. During the July 14–20 period, it raised $96.6 million, which remains undeployed. This capital will likely support further ETH purchases.
Joseph Lubin, who chairs SharpLink and co-founded Ethereum, said the ATM tool is helping the company scale its ETH strategy efficiently. He added that buying ETH at strategic price levels enhances both treasury depth and shareholder value.
SharpLink Gaming increased its ETH holdings by 29% to 360,807 ETH during the week of July 14–20, 2025, acquiring 79,949 ETH worth approximately $258 million at an average price of $3,238 — its largest weekly purchase to date. Since launching its digital treasury strategy in June,…
— Wu Blockchain (@WuBlockchain) July 22, 2025
Nearly All ETH Now Staked
Data shows 99.7% of SharpLink’s ETH is actively staked. That’s not just storage, it’s a yield play. The company isn’t sitting on its assets; it’s using them.
Crypto analyst accounts have noted the scale of this move. The sentiment on-chain and across platforms points to a growing ETH narrative. Many are calling this digital gold 2.0, and SharpLink seems to agree.
President Trump’s signing of the Genius Act into law gave this strategy even more weight. The act offers clear crypto regulation, making moves like SharpLink’s easier to execute.
SharpLink believes this law helps dissolve past regulatory barriers. It sees Ethereum’s ecosystem, scalability, smart contracts, network security, as the backbone of future digital growth.
The message is clear: SharpLink isn’t waiting for the market to shift. It’s pushing forward, stacking ETH, and building long-term network leverage. While others talk crypto, SharpLink is writing its own rules.
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