Sharplink Nets $33M In Ether Staking

(MENAFN- eTrendy Stock) SharpLink Gaming has earned $33 million from Ether staking in the past seven months. The company deployed another $170 million in ETH to the Linea network.

This payout shows how firms can gain from crypto yields. It affects shareholders and the broader Ethereum market.

SharpLink's ETH Holdings Grow

SharpLink started its ETH treasury strategy on June 2, 2025. The firm has built up 859,853 ETH. That stash is worth about $3.5 billion.

The company stakes all its ETH and this approach has paid off. SharpLink gained 10,657 ETH in rewards. At current prices, that equals $33 million. SharpLink ranks as the second-largest corporate ETH holder.

Deployment to Linea Boosts Yields

SharpLink moved $170 million ETH to Linea on January 9, 2026. Linea is an Ethereum layer-2 network. This step uses ether and EigenCloud for better yields.

The firm planned this in October 2025 and aimed for up to $200 million. The move adds restaking rewards and mixes native staking with DeFi tools.

Financial Impact on SharpLink

SharpLink's stock rose 1.4% after the news. The staking added $1.4 million in shareholder value last week. In Q3 2025, revenue jumped 1,100% to $10.8 million. Net income hit $104.3 million. ETH holdings drove much of this growth.

The company focuses on sports betting tech. But ETH has become key to its balance sheet.

Broader Market Context

Ethereum staking has grown. By August 2025, institutions staked 35.7 million ETH. That is 29.8% of supply. Yields run 3% to 4% yearly.

SharpLink's bet shows corporate adoption. Other firms may follow for passive income.

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