sharplink

According to GlobeNewswire, Sharplink (Nasdaq: SBET), an Ethereum treasury company, announced that it will stake $200 million worth of ETH through Lido, the largest liquid staking protocol on Ethereum, to enhance the yield capability of the company's ETH assets. Sharplink stated that after this staking, the company will receive wrapped staked ETH (wstETH) representing the staked ETH and its yields, which will be custodied by institutional-grade digital asset custodian Anchorage Digital.This configuration will further expand Sharplink's existing ETH staking and restaking strategies. Lido is currently one of the largest liquid staking protocols on Ethereum, with approximately $16.5 billion staked on the platform. Its wstETH token has been integrated by over 100 protocols, with about $10 billion used as collateral in DeFi. While users hold wstETH, the underlying ETH continues to earn staking rewards and can be used within the Ethereum DeFi ecosystem.Sharplink CEO Joseph Chalom stated that the introduction of Lido will further enhance the production efficiency of the company's ETH assets, leveraging the composability of wstETH while maintaining institutional-grade risk management standards. This collaboration will diversify the company's treasury strategy and connect to one of the most liquid and widely used assets in the Ethereum DeFi ecosystem. Vasiliy Shapovalov, Executive Director of Lido Labs Foundation, stated that Sharplink's increased use of Ethereum's native staking protocol and DeFi ecosystem reflects support for the Ethereum application ecosystem.

According to Cointelegraph, the second-largest Ethereum treasury company SharpLink disclosed a net loss of $394 million in the second quarter of 2026, compared to a loss of $103 million in the same period last year. The losses include $321 million in unrealized cryptocurrency losses and a $76 million impairment on staked ETH.SharpLink's revenue in the second quarter was $11.5 million, with $11.1 million coming from ETH staking income; cash and cash equivalents were $56 million, up from $28 million in December 2025. SharpLink currently holds approximately 863,000 ETH, with a total value of $1.46 billion, ranking second. The company also holds 632,784 ETH and an additional 181,321 ETH through various liquid staking ETH tokens, valued at $1.2 billion and $343 million, respectively.After pausing purchases for 8 months, SharpLink resumed buying ETH in late June, initially purchasing $7.8 million worth, followed by another purchase of 10,000 ETH for approximately $16 million a few days later. The company's stock price fell 3.9% on Monday, with a cumulative decline of 30% for the year.

According to BBX data, global listed companies disclosed the following core dynamics regarding cryptocurrency asset allocation and the latest financial performance yesterday:Sweden's H100 treasury increased by 2455.4 bitcoins: The Swedish bitcoin treasury company H100 disclosed that its total bitcoin holdings have significantly increased to 3506 BTC, adding 2455.4 BTC. The official statement indicated that this large increase in holdings was due to a corporate acquisition completed in April this year (the acquisition target was NSDAS), and the newly added bitcoins were obtained directly through this merger transaction.Bitdeer released its Q2 financial report, with total revenue reaching $228.8 million: Bitcoin mining and AI infrastructure company Bitdeer (Nasdaq: BTDR) officially released its Q2 2026 financial report. The data shows that its total revenue for Q2 reached $228.8 million (a year-on-year increase of 47%); adjusted EBITDA was $31.1 million (a year-on-year increase of approximately 576%). In terms of profit, the gross loss for Q2 was $8.5 million (compared to a gross profit of $12 million in the same period last year), with a net loss of $92.28 million; as of June 30, its total cash and restricted cash amounted to approximately $496.3 million.Sharplink recorded $11.16 million in staking revenue for Q2: Ethereum treasury company Sharplink (Nasdaq: SBET) released its Q2 2026 financial report. The company's total revenue reached $11.53 million, achieving significant year-on-year growth, with the core contribution coming from $11.16 million in staking revenue. Affected by fluctuations in the cryptocurrency market, the company reported a net loss of $394.3 million (mainly consisting of a non-cash loss of $321 million in ETH and a provision for impairment of $76.09 million in Ls ETH/we ETH). The company emphasized that the above are all non-cash accounting losses and do not affect the actual ETH holdings. As of June 30, its total cryptocurrency assets were valued at approximately $1.416 billion, with a cash balance of $56.2 million.

Nasdaq-listed company Sharplink (stock code: SBET) announced its financial and operational results for the second quarter of 2026. Q2 revenue was $11.5 million, a significant year-on-year increase; net loss was $394.3 million, primarily due to an unrealized loss of $321 million in the ETH market and a write-down of $76.1 million for LsETH and weETH.As of June 30, Sharplink held approximately 886,881 ETH, with crypto assets valued at approximately $1.4 billion under U.S. GAAP. The company completed a $75 million registered direct offering on June 23, part of which was used to purchase approximately 10,000 ETH at an average price of about $1,611, and continues to repurchase shares.

Nasdaq-listed company Sharplink, Inc. (stock code: SBET) and Galaxy Digital Inc. (stock code: GLXY) jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP. This institutional-grade fund is managed by Galaxy, with an initial committed capital of $125 million, of which $100 million comes from Sharplink's staked ETH treasury and $25 million from Galaxy.The fund will deploy capital into decentralized finance and on-chain yield strategies, marking a new model for corporate treasuries to shift from passive holding to active participation in on-chain markets. Galaxy stated that this move expands the company's asset management platform to institutional-grade on-chain strategies.

Joseph Chalom, CEO of the Ethereum treasury company SharpLink, posted in opposition to Ethereum Improvement Proposal EIP-8363. According to his disclosure, the current network issues new ETH to validators as staking rewards at a variable yield rate of about 2.75%. If the proposal is passed, it will be implemented in phases over approximately a year and a half, gradually destroying part of the issuance rewards as the staking amount increases. When about 50% of ETH is staked, the staking yield will drop to 0%, and validators will only be able to rely on transaction fees, which currently account for only 15% of staking rewards, to sustain themselves.Chalom presented four points of opposition:Staking yield is the factual benchmark for all on-chain interest rates. The approximately $35 billion TVL of liquid staking tokens is the core collateral for on-chain lending. A yield of zero will raise on-chain capital costs, making actual yields approach or even become negative. Collateral will migrate to assets that still generate yields, and independent stakers and small to medium operators will be the first to be squeezed out.The native yield characteristic is precisely the key reason institutions choose ETH over Bitcoin. Erasing this difference is equivalent to voluntarily giving up its competitive advantage just as ETH is outperforming Bitcoin.Issuance is not a cost to external parties but a transfer of value to security maintainers and builders within the network. Destroying it is a destruction of value rather than a redistribution of this portion of value.The current timing is the worst; Ethereum is in a rising phase of institutional adoption, and destruction incentives will suppress this wave of adoption momentum.He stated that SharpLink agrees with the proposal authors' goal of making ETH scarce and stabilizing the staking rate at a reasonable level, but believes this should be achieved through the existing base fee destruction mechanism rather than altering the economic foundation of the protocol.

The Ethereum treasury company Sharplink posted on platform X that since launching the ETH treasury strategy, the company's accumulated staking rewards in Ethereum have reached 24,755 ETH.In addition, the Ethereum staking rewards obtained by the company last week amounted to 417 ETH.

According to official news, the institutional-level Ethereum ecosystem service organization Ethereum Institutional announced the completion of its initial ecosystem funding round and the formation of a supporter alliance, receiving support from over 100 ecosystem participants, led by BitMine, SharpLink, and Ethereum co-founders Joseph Lubin and Mihai Alisie, with the amount undisclosed. The organization stated that this funding will be used to support its accelerated efforts in tokenization, stablecoins, and on-chain market infrastructure.Ethereum Institutional indicated that in the coming months, it will strengthen direct engagement with banks, asset management institutions, custodians, market infrastructure, fintech companies, and sovereign institutions to advance specific work related to tokenization, stablecoins, market infrastructure, and on-chain settlement, while expanding its core business areas such as institutional education, market intelligence, and ecosystem marketing; at the same time, it will continue to collaborate with a broader Ethereum ecosystem community, including L2, application teams, infrastructure, and custodial service providers.

Bitcoin Treasuries.NET posted on platform X that SharpLink SBET obtained 420 ETH this week through staking rewards, currently holding a total of 888,521 ETH, making it the second largest ETH treasury company in the world.

The Ethereum treasury company Sharplink posted on platform X that since launching the ETH treasury strategy, the company's accumulated staking rewards have reached 23,918 ETH.In addition, the Ethereum staking rewards obtained by the company last week amounted to 428 ETH.

The Ethereum treasury company Sharplink posted on the X platform that since launching the ETH treasury strategy, the company's accumulated staking rewards in Ethereum have reached 23,490 ETH.In addition, the Ethereum staking rewards obtained by the company last week amounted to 499 ETH.

Sharplink Research Director Steven Ehrlich published an analysis pointing out that Ethereum started strong in July 2026, with an increase of about 11% so far this month. Historical data suggests that investors should pay attention to ETH's performance in July. Steven Ehrlich noted that the core advantage of ETH's July performance is not merely volatility, but the asymmetry between rises and falls: when July sees an increase, the average rise is about 43%, while in years of decline, the average drop is only about 5% (from 2020 to 2025).Historically, months of significant gains for ETH are usually driven by "Ethereum-specific catalysts + supply-demand imbalance." The current market environment also presents similar opportunities, such as: institutional infrastructure is being built, the Ethereum roadmap is continuously upgrading, and corporate funds are consistently increasing their holdings of ETH. Currently, Ethereum is entering a new development phase, where institutional adoption, technological upgrades, and capital allocation may become important factors driving ETH's market performance.

Sharplink disclosed on the X platform that it received 449 ETH staking rewards this week, bringing the total staking earnings to 22,991 ETH to date.

Sharplink Co-CEO and former Blackrock executive Joseph Chalom stated that Ethereum has over 900,000 validators and more than 1,000,000 developers, possessing a decentralization advantage that Solana cannot match.Data from Electric Capital shows that 1,012,824 developers have contributed code to Ethereum, with approximately 232,000 remaining active over the past 12 months.Chalom noted that Solana has fewer than 800 validators, with 92% running on the same client. Data shows that Sharplink held 886,725 ETH as of late June.

According to BBX data, the two largest publicly listed reserve companies for Ethereum issued a counter-cyclical buy signal yesterday, with the core dynamics as follows:SharpLink, Inc. (NASDAQ: $SBET) (one of the largest publicly listed reserve companies for Ethereum, founded by CEO Joe Lubin, formerly known as SharpLink Gaming, transitioning to Ethereum Treasury in May 2025) released an official press release on June 30: the company purchased an additional 10,000 ETH at an average price of $1,611 per coin, raising its total holdings to 886,725 ETH; during the same period, it repurchased 2,132,773 shares of common stock (average price $4.69), bringing the total repurchased since the buyback program started in August 2025 to 4,071,223 shares. This ETH purchase was funded by the company's previously completed $75 million targeted issuance (registered direct offering). CEO Joseph Chalom stated that this fundraising "provides capital support for proactive ETH treasury management strategies." The company's average purchase cost for 886,725 ETH is approximately $3,609 per coin, and with the current price around $1,611, the paper loss is about $1.77 billion; however, the company earned approximately 18,800 ETH in staking rewards in Q1 (equivalent to about $30 million per quarter at current prices), with revenue of $12.1 million during the same period (a 16-fold increase compared to $742,000 in the same period last year). The company has officially been included in the Russell 2000 and Russell 3000 indices, which will trigger passive buying from active and passive funds tracking these two indices, potentially broadening the institutional shareholder base and increasing access to capital markets.Bitmine Immersion Technologies, Inc. (NYSE: $BMNR), as of June 26, according to the latest data cited by CoinDesk, the company's ETH holdings have risen to approximately 5.67 million coins (an increase of about 280,000 coins compared to the 5.39 million disclosed in the SEC 8-K on May 26), with a net increase of about 52,203 coins in the previous week (equivalent to about $82 million); the company's chairman Tom Lee stated on June 26: "We are maintaining a steady accumulation pace throughout 2026, and we believe we are in the early stages of a Crypto Spring." At the current price of about $1,610, the market value of 5.67 million ETH is approximately $9.13 billion; during the same period, Bitmine jointly funded the Ethlabs nonprofit research organization with SharpLink and Ethereum co-founder Joe Lubin (founded by former Ethereum Foundation researchers, focusing on Ethereum infrastructure and institutional research), further strengthening the institutional narrative support for the ETH ecosystem through the endorsement of the three organizations.

The Nasdaq-listed company Sharplink (stock code: SBET) announced the purchase of 10,000 Ethereum at an average price of approximately $1,611, increasing its total holdings to 886,725 coins, consisting of 632,719 native ETH, 181,299 ETH redeemable for LsETH, and 72,707 ETH redeemable for weETH.At the same time, the company repurchased 2,132,773 shares of common stock in the open market at an average price of $4.69, bringing the total number of shares repurchased since the buyback program was initiated in August 2025 to 4,071,223 shares. This week, the company also raised $75 million through a registered direct offering of common stock and warrants.

According to Onchain Lens monitoring, SharpLink Gaming has purchased another 29,196 ETH, worth 46.7 million USD.This address has accumulated a total purchase of 39,196 ETH in the past 3 days, with a total value of approximately 62.43 million USD.

According to monitoring by Onchain Lens, SharpLink Gaming purchased 5,000 ETH (worth $7.88 million). Within two days, it accumulated a total of 10,000 ETH (worth $15.73 million) and currently holds 886,285 ETH (worth $1.4 billion), with an unrealized loss exceeding $1.7 billion.In addition, the newly created wallet "0x643" purchased another 9,050 ETH (worth $14.31 million) from FalconX.