Tuesday, July 29, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

SharpLink earns $540K in rewards after staking entire Ethereum portfolio of nearly 200k ETH

2 July 2025
in Web3
Reading Time: 3 mins read
0 0
A A
0
Home Web3
Share on FacebookShare on Twitter


Nemo

SharpLink, Ethereum’s largest publicly traded holder, has expanded its ETH place, in keeping with a July 1 assertion.

Between June 23 and June 27, the corporate acquired a further 9,468 ETH for roughly $22.8 million, bringing its complete Ethereum holdings to 198,167 ETH, valued at $485 million.

In keeping with DropsTab information, the agency’s unrealized loss is greater than $34 million primarily based on the present costs of the digital asset.

SharpLink's Ethereum Portfolio Value
SharpLink’s Ethereum Portfolio Worth (Supply: DropsTab)

Nonetheless, the agency is thawing the pains of losses with the income it generates from staking its property.

As of June 30, SharpLink has deployed all its ETH reserves into staking protocols. Within the week spanning June 21 to June 27 alone, the corporate earned 102 ETH in staking rewards.

Since launching its staking technique, SharpLink has generated 222 ETH, which is valued at roughly $540,000.

Joseph Lubin, SharpLink Chairman and co-founder of Ethereum, emphasised the broader significance of this transfer, saying:

“We’re getting into a brand new period the place digital property like Ethereum are now not speculative devices – they’re quick turning into the strategic foreign money of the trendy digital economic system.”

New ‘ETH Focus’ metric

To enhance transparency and monitor the corporate’s Ethereum-related efficiency, SharpLink has launched a brand new reporting metric, “ETH Focus.”

Notably, this metric borrows from the “BTC Yield” key efficiency indicator (KPI) adopted by Bitcoin-centric corporations like Metaplanet and Technique (previously MicroStrategy).

The ETH Focus metric is calculated by dividing the entire ETH held by 1,000 assumed diluted shares excellent. The calculation consists of precise shares, shares from warrants, inventory choices, and restricted inventory models, however excludes share buybacks and vesting restrictions.

Since June 13, when SharpLink first disclosed its Ethereum accumulation technique, the ETH Focus metric has risen from 2.00 to 2.35 ETH per 1,000 diluted shares as of June 27—a 17.7% improve.

In the meantime, SharpLink has appointed Elevate IR as its file investor relations company in a associated improvement. The agency will help SharpLink in shaping its monetary communications and investor engagement efforts.

Rob Phythian, CEO of SharpLink Gaming, highlighted the partnership as an important step in sustaining transparency, saying:

“Ethereum is greater than a treasury asset – it’s the monetary basis for what we imagine will change into the subsequent technology of capital administration and on-line gaming infrastructure.”

Talked about on this article



Source link

Tags: 200K540KEarnsEntireETHEthereumPortfoliorewardsSharpLinkStaking
Previous Post

Google Cloud To Assist Somnia With AI Agents, Security And More

Next Post

Cloudflare to Blocks AI Bots by Default

Related Posts

Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt
Web3

Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

29 July 2025
Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin – Decrypt
Web3

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin – Decrypt

28 July 2025
Binance launches RWUSD yield bearing stablecoin-like product offering 4.2% APR from RWAs
Web3

Binance launches RWUSD yield bearing stablecoin-like product offering 4.2% APR from RWAs

28 July 2025
This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers’ Time – Decrypt
Web3

This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers’ Time – Decrypt

27 July 2025
This single point of failure can kill web3’s dream of an open, decentralized internet
Web3

This single point of failure can kill web3’s dream of an open, decentralized internet

26 July 2025
Blockchain won’t win until it outruns TradFi
Web3

Blockchain won’t win until it outruns TradFi

27 July 2025
Next Post
Cloudflare to Blocks AI Bots by Default

Cloudflare to Blocks AI Bots by Default

Azuki Reveals Official Gameplay Guide for Azuki TCG

Azuki Reveals Official Gameplay Guide for Azuki TCG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

29 July 2025
Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

29 July 2025
Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

29 July 2025
Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet

Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet

29 July 2025
Tate reveals the main reason for its lower attendance figures

Tate reveals the main reason for its lower attendance figures

29 July 2025
Microsoft Ede now features an AI Copilot Mode

Microsoft Ede now features an AI Copilot Mode

29 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,747.00-0.34%
  • ethereumEthereum(ETH)$3,772.69-0.86%
  • rippleXRP(XRP)$3.10-1.91%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$809.32-3.24%
  • solanaSolana(SOL)$180.44-4.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,770.12-1.03%
  • dogecoinDogecoin(DOGE)$0.222919-4.31%
  • tronTRON(TRX)$0.3381664.49%