After reviewing SharpLink’s new annual report, some quite interesting facts have emerged. This company is now holding 868,699 ETH — including 604,618 original ETH, 208,893 ETH obtained from LsETH, and 55,188 WeETH. Since being listed on NASDAQ, its Ethereum deposit strategy has been quite aggressive.



What draws the most attention is the rewards from staking — 14,516 ETH. In other words, they are earning a substantial income solely from staking. The company currently has $28.5 million in cash and $1.9 million in USDC as well. Viewed this way, analysts like varshika also believe it has become the second-largest public company in the world in terms of Ethereum holdings.

Interestingly, they plan to further increase their holdings and expand staking activities. If this trend continues, it could become even more exciting in the future.
ETH-0.11%
WEETH0.55%
USDC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin