SharpLink plans to stake a portion of its $3.6 billion ETH treasury on Linea once Linea reaches mainnet, seeking higher risk-adjusted yields; regulators are weighing 24/7 crypto trading, and publicly traded Bitcoin miners are hitting record market caps by pivoting compute capacity toward AI workloads.
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SharpLink will stake ETH on Linea to pursue higher yield opportunities.
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SEC and CFTC leaders are evaluating round‑the‑clock trading to better match always‑on crypto markets.
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Public Bitcoin miners reached a $39B combined market cap as firms repurpose infrastructure for AI compute, per JP Morgan data.
SharpLink Linea staking leads ETH headlines — learn how institutional staking, 24/7 trading proposals, and miners’ AI pivots affect markets. Read more.
What is SharpLink planning for Linea staking?
SharpLink Linea staking refers to SharpLink Gaming’s plan to deploy a portion of its $3.6 billion Ethereum treasury to stake on the Linea network when Linea hits mainnet. The firm aims to supplement custodian staking with higher risk‑adjusted yield opportunities offered by Linea validators.
How will SharpLink’s move affect institutional staking and validator demand?
SharpLink previously staked most ETH via custodians Anchorage and Coinbase but is now evaluating direct staking on Linea to capture better yields. Joseph Chalom, SharpLink co‑CEO, told COINOTAG that large treasuries can reallocate staking to networks like Linea to optimize returns. Validator queue data shows multi‑day wait times for validation slots, indicating continued demand for validator capacity.
How could proposed 24/7 trading change U.S. crypto markets?
SEC chair Paul Atkins and CFTC acting chair Caroline Pham indicated both agencies are considering expanded trading hours to align U.S. markets with an always‑on global economy. Extending hours could improve price discovery but may require tailored rules for different asset classes and market participants.
What are the practical implications for exchanges, custodians, and investors?
Round‑the‑clock trading would press exchanges to upgrade surveillance, liquidity‑provision, and risk systems. Custodians must ensure continuous settlement and security coverage. Regulators note not all assets fit 24/7 markets; implementation would likely be phased and asset‑specific.
Why are Bitcoin miners seeing record market caps after AI compute pivots?
JP Morgan analysis found U.S.-listed Bitcoin miners collectively hit a $39 billion market cap as many repurposed data center capacity for AI workloads. High‑performance compute demand from AI firms has introduced new revenue streams, offsetting pressure from post‑halving hashrate increases and margin compression.
Which miners and deals are driving the shift?
Public miners tracked by JP Morgan include Iris Energy, Hut 8, Core Scientific, Marathon, Riot, and TeraWulf. TeraWulf’s stock surged after expanding colocation and AI hosting arrangements, demonstrating the market rewards investors assign to diversified compute revenue.
Frequently Asked Questions
Can SharpLink stake all $3.6 billion of ETH on Linea?
SharpLink is considering staking a portion of its $3.6 billion ETH treasury on Linea, balancing custodial arrangements and risk‑adjusted yield goals. Full redeployment would depend on Linea’s security, validator economics, and liquidity constraints.
Will 24/7 trading immediately apply to all crypto assets?
Regulators suggested a phased approach; not all asset types would be suitable for continuous trading. Agencies will likely assess market structure, liquidity, and investor protections before expanding hours broadly.
Key Takeaways
- SharpLink Linea staking: SharpLink plans partial staking on Linea to seek higher risk‑adjusted yields while maintaining custodian relationships.
- 24/7 trading consideration: SEC and CFTC leaders propose extended hours to match global trading patterns, with asset‑specific caveats.
- Miners’ AI pivot: Public Bitcoin miners reached record combined market cap as AI hosting and colocation deals create alternative revenue sources.
Conclusion
SharpLink’s intent to stake ETH on Linea, regulator discussions about 24/7 trading, and miners’ AI compute pivots are converging signals of institutional maturation in crypto. These developments may reshape yield strategies, market structure, and miner business models — monitor Linea mainnet progress, regulatory guidance, and miner earnings for near‑term impacts.
Published: 2025-09-05 | Updated: 2025-09-05
Author: COINOTAG editorial desk
Sources referenced (plain text): COINOTAG (reporting and Joseph Chalom quote), JP Morgan analysis, Validator Queue data, public statements from SEC chair Paul Atkins and CFTC acting chair Caroline Pham.
