Nasdaq-listed SharpLink Gaming has generated more than 10,657 ETH (approximately $33 million) in passive income from staking its entire Ether treasury, underscoring the effectiveness of its all-in Ethereum approach.
SharpLink Gaming, one of the largest corporate holders of Ether (ETH), has accumulated over 10,657 ETH in staking rewards over the past seven months by committing its entire ETH reserve to staking — translating to roughly $33 million at current prices. This outcome highlights the company’s distinctive treasury strategy of fully backing its balance sheet with Ethereum and generating yield via staking rather than holding idle assets.
In a recent post on X, SharpLink reaffirmed its thesis of “100% ETH and 100% staked”, stating that it generated 438 ETH (about $1.4 million) in staking income just last week alone, adding consistent value for shareholders.
Corporate treasury staking strategy yields tangible results
According to publicly available data, SharpLink now holds 864,840 ETH, making it the second-largest corporate Ether holder globally. Its ETH reserve, accumulated steadily since mid-2025, is currently valued at around $2.66 billion based on prevailing market rates.
Beyond traditional Ethereum staking, the company has also expanded into restaking by deploying an additional $170 million worth of ETH into the Layer-2 network Linea to capture supplemental rewards. This combined approach of base layer yield and Layer-2 incentives reflects a multi-tiered strategy to maximize income generation from owned ETH.
SharpLink’s staking success mirrors a broader trend among corporations embedding staking into their treasury practices as a core income stream. Other institutional players, including BitMine Immersion Technologies, are similarly increasing their participation in Ether staking, indicating that staking has evolved from a DeFi niche into a legitimate yield-generating strategy for large holders.
This institutional shift paints Ethereum not just as a speculative reserve asset but as a yield-bearing portfolio position, reflecting deeper integration of proof-of-stake economics into corporate financial strategies.
