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SharpLink Earns $33 Million from Ethereum Staking and Invests Another $170 Million

SharpLink Gaming has earned $33 million from Ethereum staking and invested $170 million in a Layer 2 solution to enhance its strategies.

James Park
January 9, 2026 1 min read
SharpLink Earns $33 Million from Ethereum Staking and Invests Another $170 Million

SharpLink Gaming has reported earnings of approximately $33 million from Ethereum staking, accumulating a total of 10,657 ETH over the last seven months.

Last week alone, the company generated 438 ETH in staking rewards, which translates to about $1.4 million for shareholders. Our strategy remains focused on 100% investment in Ethereum and full staking.

— SharpLink (SBET) (@SharpLink) January 6, 2026

With current ETH prices hovering around $3,100, the latest figures underscore SharpLink's strong performance in the cryptocurrency market.

“Our commitment is steadfast: all our funds are in Ethereum and fully staked,” the company affirmed.

SharpLink holds a significant position in the Ethereum market, managing over 863,000 ETH valued at $2.6 billion, which constitutes approximately 0.7% of the asset's total supply. The firm's goal is to secure 5% of Ethereum's issuance.

In addition to its staking operations, SharpLink has allocated $170 million to the Layer 2 solution Linea, enhancing its strategy for restaking. This initiative aims to optimize yields and gain extra rewards from the network and associated protocols.

BitMine Immersion Technologies, the largest corporate holder of Ethereum, is also expanding its staking efforts. Recently, BitMine staked an additional 186,336 ETH, bringing its total to over 936,512 ETH valued at roughly $2.87 billion.

Bitmine has staked 109,504 ETH, worth $344.44 million, totaling 908,192 ETH valued at $2.95 billion.

— Onchain Lens (@OnchainLens) January 8, 2026

BitMine's chairman has indicated that a fully deposited Ethereum reserve could yield around $374 million annually based on a current staking rate of 2.81%.

As of now, BitMine holds 4.07 million ETH worth $12.5 billion, representing 3.41% of the total market supply of Ethereum. The firm ranks second in the DAT segment for cryptocurrency treasury value, following Strategy.

Interestingly, at the end of December, more requests for Ethereum staking than withdrawals were noted for the first time since July, a trend some analysts attribute to BitMine's increased activity.