- SharpLink Gaming earned 10,657 ETH (about $33 million) in staking rewards over the past seven months.
- Staking activity added roughly $1.4 million in value for SharpLink shareholders in the past week.
- SharpLink deployed an additional $170 million of ETH into Linea for restaking rewards and incentives.
- SharpLink has staked all 864,840 ETH it holds at an average cost of $3,609 per token, while BitMine Immersion Technologies has staked 936,512 ETH (about $2.87 billion).
- Major institutions, including Morgan Stanley, are increasing exposure to Ether staking, signaling wider corporate use of staking yields.
SharpLink Gaming reported it generated 10,657 ETH (about $33 million) in passive staking yield over the past seven months, according to the company’s dashboard. Staking lets token holders earn Passive income by committing tokens to secure proof-of-stake blockchains, and SharpLink said the activity added about $1.4 million in value for shareholders in the past week, as the company said on X.
The company also deployed another $170 million of Ether into the layer-2 network Linea to capture additional restaking rewards and protocol incentives, an initiative it announced on X. The structure combines native Ethereum staking returns with extra rewards from Linea, and holdings are custodied through institutional safeguards by Anchorage Digital Bank.
Across the market, BitMine Immersion Technologies, the largest corporate ETH holder, has increased its staking and now holds more than 936,512 ETH in stake, worth about $2.87 billion. By comparison, SharpLink has staked its full 864,840 ETH position, acquired at an average price of $3,609 per token.
Other institutions are moving into Ether staking as well, including filings from firms such as Morgan Stanley to launch a spot Ether ETF that would seek to capture staking yield. Growing corporate participation suggests staking is shifting from a niche decentralized finance tactic to a mainstream treasury strategy.
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