Ethereum treasury firm Sharplink (NASDAQ: $SBET) says it has reached a total of 15,464 ETH in staking rewards since launching its digital asset strategy last June.
According to a social media post on Tuesday, the company said that last week alone it generated 493 ETH (CTYPTO: $ETH) in staking rewards, valued at approximately $1.1 million.
“We have completed our strategic transformation into an institutional-grade Ethereum treasury platform,” said Sharplink CEO Joseph Chalom during a recent earnings update. “Our mandate is simple: grow ETH per share responsibly and maximize the productivity of our treasury over time.”
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In March, Sharplink noted that its total holdings reached approximately 868,699 ETH. This total includes a combination of 604,618 native ETH and over 264,000 ETH held in liquid staking and staking protocols LsETH and WeETH.
Despite reporting a GAAP net loss for fiscal 2025, the company’s operating income rose to $28.1 million, up from just $3.7 million in 2024, driven almost entirely by its share and performance operations.
The company said it will continue buying and staking ETH through 2026, using its own treasury strategy to earn higher returns than standard staking while continuing to grow its footprint within the Ethereum network.
Sharplink shares are at $8.35, up 1.77 percent in afternoon trading.