Just saw Sharplink's annual report, and the numbers are quite interesting. This company holds up to 868,699 ETH, making it the second-largest publicly traded company holding Ethereum in the world.



What’s notable is their ownership structure, which includes 604,618 ETH in regular holdings, plus 208,893 in staking derivatives from LsETH and 55,188 from WeETH. They also received staking rewards totaling 14,516 ETH since inception.

According to this year's annual report, they still hold $28.5 million in cash and an additional $1.9 million in USDC. It can be said that they are making quite serious moves to hold ETH long-term, and it seems they plan to increase their holdings further. ETH's current price is still in a range of interest; if they continue to accumulate, it could be a positive signal for the market.
ETH0.15%
USDC-0.01%
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