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Just saw SharpLink's new report — I was surprised to learn how far this company has advanced in accumulating Ethereum. They now have 868,699 ETH, of which 604,618 are directly held ETH, and the rest comes from liquid staking. They have also earned 14,516 ETH in staking rewards.
This figure is interesting because SharpLink has now become the second-largest public company in the world in terms of Ethereum holdings. Additionally, they also hold $28.5 million in cash and $1.9 million in USDC. Seeing all this, it seems that this company is focusing on holding Ethereum for the long term.
In the coming future, they are planning to increase their ETH holdings further and expand their staking operations. This is a clear sign that such companies are still bullish on Ethereum for the long haul.