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Sharplink Hits Near $1Bn in Paper Gains: How Liquid Are SBET ETH Profits?
Yahoo Finance·2025-10-08 10:35

SharpLink Gaming’s Ethereum portfolio has ballooned in value after the cryptocurrency climbed nearly 4.5% over the past day, pushing the company’s unrealized profits close to the 1BnmarkInastatementonTuesday,SharpLinksaiditsgainsfromEtherpurchaseshavetopped1Bn mark In a statement on Tuesday, SharpLink said its gains from Ether purchases have topped 900M since the firm began accumulating the asset on June 2. Data from the Strategic ETH Reserve shows SharpLink holds 838,730 ETH, valued at roughly $3.93Bn at current prices. That stake represents about 0.69% of Ethereum’s total cir ...