Since launching its ETH investing program on June 2, 2025, SharpLink Gaming has reported unrealized profits of over USD 900 million.
SharpLink invests in ETH
SharpLink currently holds 839,000 ETH. “On paper” it is already close to USD 1 million in profit.
Since the launch of the ETH treasury strategy on June 2, 2025, SharpLink’s unrealized profit has already exceeded $900 million.
During this time, ETH concentrations doubled, making each share more valuable.
Having 839 thousand ETH on the balance sheet and with no debt, SharpLink is in a strong position to continue to generate shareholder value.
– described the company.
Founded in 1995 in Minneapolis, SharpLink built its initial success on sports betting and online casino marketing, primarily through its PAS.net affiliate network. For over 30 years, he has been helping large operators acquire customers in various markets. However, in mid-2025, it announced plans to become an Ethereum investment company.
By March 2025, SharpLink had seen a 24% drop in revenue and a 110% drop in net profit. ETH therefore saved its market situation.
This company is not the only one buying ETH
BitMine Immersion Technologies remains the company that holds the most ETH. Just last week, the company added 179,251 ETH to its wallet worth approximately $823 million. This increased its total ETH balance to a whopping 2.83 million coins, worth approximately $13 billion.
In addition to Ethereum, BitMine also holds 192 bitcoins worth approximately $24 million, a stake in Eightco Holdings worth $113 million, and $456 million in cash.
BitMine CEO Tom Lee summarized the company’s strategy:
We still believe Ethereum is one of the biggest macro investments over the next 10-15 years. The transition of Wall Street and artificial intelligence to blockchain should lead to the transformation of today’s financial system. And most of these changes will take place in Ethereum.
