Sharplink Gaming has attracted widespread attention for its brave approach to corporate financial management. Sharplink Gaming is a publicly-owned company that has transformed into the second largest institution Ethereum holder from a sports betting company under the leadership of Ethereum co-founder Joseph Lubin, who serves as the company’s chairman. According to data shared today by market analyst Crypto Patel, Sharplink Gaming currently holds $976 million unrealized profits in the ETH Treasury pool. The company has embraced Ethereum as its main reserve asset on its balance sheet, making it one of the innovative companies to watch in the cryptocurrency context. Sharplink Gaming began in 1995 as a traditional online casino gaming and sports betting company. However, in May 2025, he made a change by becoming an Ethereum finance company.
Sharplink Gaming’s Eth Treasury sits at $976 million with unrealized profits.
They held ~837k ETH (over $3.6 billion), most of which betted for yields. This highlights their massive beliefs at Ethereum, but also highlights a major exposure to price volatility. pic.twitter.com/47xqrivgby
– Crypto Patel (@cryptopatel) September 14, 2025
Sharplink ETH Purchase and Treasury Staking
According to analyst data, Sharplink Gaming currently holds 837K ETH (valued to $3.6 billion) on its financial balance sheet. Most of these funds are betted for yields. By keeping these vast amounts of ETH, Sharplink Gaming is the second largest institutional ETH Treasury after Bitmine Immersion, holding over 1.7 million ETH.
Last week, on September 2nd, Sharplink Gaming purchased 39,008 ETH, worth $177 million. This is the latest purchase that has pushed the Cumulative ETH Treasury to over 837,000 ETH. The company rose rapidly as one of Ethereum’s biggest corporate holders. Its financial strategy prioritizes ETH rather than BTC, viewing Ethereum not just as a store of value, but also as a flexible architecture for future investment networks.
Sharplink’s Ethereum strategy moves beyond merely accumulation of tokens. The company uses both liquids and storage staking techniques to generate profits while mitigateing risk. Since June, the company has already produced more than 2,318 ETH at yields. Reports show that companies intend to move deeper into recurrence and definition techniques to position themselves for more enhanced ETH benefits. By using a staking mechanism, Sharplink develops a revenue-generating Treasury while committing to wealth protection and corporate-level transparency.
The company’s strong belief in ETH is an important lesson for public companies avoiding investing in crypto assets. Sharplink doesn’t just buy Ethereum. We manage risks and dye it while maintaining transparency. Its belief in the possibilities of ETH is bold, clever and rewarding based on the diagram above.
Whale accumulation solidifies the bullish trajectory of ETH
As ETH currently stands at $4,669.68, some of the largest corporate holders (as mentioned above) are sitting in big profits and showing no intention to cash them out. Asset prices have risen by 8.5% and 0.2% for the past week and month, respectively. This is a gathering inspired by a mix of ETF influx, institutional accumulation, and increased positions of derivatives.
The current price for ETH is $4,669.68.
On-chain data shows 1.7 million ETHs are purchased between $4,300 and $4,400, indicating Binance’s outflow, which performs a key function in reducing supply. This acquisition period means that institutions and long-term holders accumulate ETH at higher purchase prices and reduce the coins available on the exchange.
