On September 25, COINOTAG reported that SharpLink disclosed its Ethereum reserve strategy, launched on June 2, 2025, has generated an unrealized gain of $500 million. Management attributed the outcome to a mix of targeted acquisitions and a near-complete ETH staking approach, aligning the firm’s digital-asset allocation to capture protocol rewards while retaining market exposure.

According to the filing, SharpLink’s balance sheet now holds 838,728 ETH, facilitating daily returns as part of its yield optimization and liquidity management framework. The company presented these figures as realized and unrealized metrics that materially enhance its capital position, without offering forward-looking performance projections.