How SharpLink Plans to Grow in 2026 After Amassing Nearly $3 Billion in Ethereum

Summary

SharpLink Gaming, a publicly traded Ethereum treasury firm, has accumulated over 865,000 ETH (about $2.75 billion) since adopting a new treasury strategy in May 2023. The company aims to lead the productive use of ETH by digital asset treasuries starting in 2026, moving beyond simple accumulation to generate yield and provide liquidity. In its first major move, SharpLink deployed $170 million in ETH for staking and incentives on the layer-2 network Linea, with nearly all remaining ETH staked across other protocols for yield. CEO Joseph Chalom emphasized SharpLink’s advantage as a long-term holder of “permanent capital,” enabling unique investment strategies, financial flexibility, and potential lending activities. The company is positioning itself to capitalize during both market upswings and downturns, using staking yields to buffer volatility. SharpLink’s approach contrasts with short-term market participants, and the firm plans to diversify ETH holdings through native staking, restaking, and liquid restaking tokens. Despite volatile share performance, SharpLink remains committed to expanding the efficient use of ETH within digital asset treasuries.