SharpLink Gaming has announced that its investment in Ethereum has performaed incredibly well since it launched its ETH treasury in June. In a recent report, the company confirmed that the Ethereum treasury now has over $900 million in unrealized profit, meaning its ETH holdings have increased significantly in value.
Since launching the treasury on January 2, SharpLink has doubled its ETH concentration, while also increasing total shareholder value, according to its statement on X.
Currently, SharpLink holds about 839,000 ETH on its balance sheet, amounting to nearly $3.95 billion at the current price of $4,680. The firm emphasized that it has no debt, highlighting the strength of its digital asset positioning. Its executives emphasized the potential of ETH as a productive and yield-generating asset, thereby contributing to long-term value.
SharpLink’s unrealized profit now surpasses $900M since launching the ETH treasury strategy on June 2, 2025.
During that time, ETH concentration doubled, making every share more valuable.
With 839k ETH on our balance sheet and no debt, SharpLink’s in a strong position to keep… pic.twitter.com/4HlQWRZjvw
— SharpLink (SBET) (@SharpLinkGaming) October 6, 2025
Furthermore, the company’s stock, SBET, showed investor confidence, closing with an upsurge of 5.83% on Monday at $19.24. Over the past month, the price of SBET shares has increased by 28%, marking a consistent growth as part of the Ethereum market rally.
Meanwhile, Ethereum is trading around $4,680, up by 2.40% over the past 24 hours. Its market cap and trading volume stand at $564 billion and $45 billion, respectively.
SharpLink Exec Unveils Upcoming Partnership With ConsenSys
SharpLink’s Ethereum treasury strategy is part of a broader trend for public companies to gain exposure to cryptocurrency. The initiative comes at a time when there is a surge in institutional adoption of Ethereum’s network capabilities. It also announced plans to tokenize its Nasdaq-listed common stock, SBET, on the Ethereum blockchain in September.
Joseph Lubin, chairman of SharpLink and founder of ConsenSys, recently unveiled new plans for collaboration. Lubin stated that ConsenSys plans to collaborate with SharpLink using Linea, its Ethereum Layer 2 network, over the next year. He pointed out that SharpLink plans to allocate a portion of its ETH balance to Linea to enhance yield opportunities.
Lubin said Linea was able to offer risk-adjusted returns that were unparalleled in the existing digital asset space. Although SharpLink has not officially announced any specifics, Lubin has indicated that a large portion of its ETH holdings could be staked on Linea in the near future.
Such initiatives demonstrate SharpLink’s confidence in Ethereum’s scalability and yield potential. The company’s approach is characteristic of a forward-looking digital asset model that focuses on both accumulation and yield optimization.
Evans Kelvin
