SharpLink's ETH Holdings Surpass Ethereum Foundation's

SharpLink Gaming has amassed a staggering crypto treasury—now holding more than 280,000 ETH—surpassing even the Ethereum Foundation, signaling a seismic shift in institutional crypto adoption.
What’s the Scoop?
- Massive Accumulation: SharpLink now holds over 280,000 ETH in its treasury.
- Staked for Yield & Security: Over 95% of the holdings are actively staked, reinforcing Ethereum’s PoS network while generating yield.
- Strategic Treasury Shift: Chairman Joseph Lubin has positioned ETH as programmable digital capital, not just a speculative asset.
- Market Reaction: SharpLink shares spiked ~12% following the purchase, though earlier volatility followed a large SEC filing.
- Institutional Implications: The firm is now the second-largest ETH staker globally, signaling growing institutional appetite for Ethereum-native assets.