SharpLink Becomes Ethereum’s Top Corporate Holder – Guess Who’s Laughing Now?

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The corporate world, ever so glamorous and filled with high stakes, has just received a rather curious development. SharpLink, yes, you heard that right – the company you probably never heard of before, has suddenly become the proud, shiny holder of more Ethereum (ETH) than you can shake a stick at.

Let it sink in for a moment: SharpLink – the formerly quaint sportsbook marketing company – has now confirmed that it’s holding the title of being the largest corporate holder of Ethereum. And how did they achieve this miraculous rise to fame? Well, they simply decided to buy a modest $213 million worth of ETH. No big deal, right? Just a casual investment that nudged them to the top. 🤑

Brace yourself – their total stash of Ethereum now stands at a jaw-dropping 280,706 ETH. That’s roughly equivalent to $836.2 million worth of digital treasure. 🏴‍☠️

But here’s the kicker: almost all of it is staked. A whopping 99.7%! In other words, they’re making money while you sleep, with those staked tokens generating a neat $51.82 million in ETH revenue. Imagine what that could do for your little vacation fund, huh? 💸

In May, SharpLink made a decision that shocked – and perhaps even confused – the market. They revealed that Ethereum would now be their treasured reserve asset. And they didn’t just stop there; oh no. They raised $425 million in partnership with Ethereum developer Consensys. Because, why not add a little more drama to the show, right?

And here’s the cherry on top: According to our ever-so-reliable friends at U.Today, Lubin (yes, the guy with all the answers) has confirmed that SharpLink isn’t stopping here. They plan to keep buying Ethereum, just like Michael Saylor did with Bitcoin. The parallels are clear – and so are the dollars. 💰

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2025-07-15 16:14