SharpLink, the Nasdaq-listed Ethereum treasury company trading under the ticker SBET, pulled in 509 ETH from staking rewards for the week ending June 22, 2026. That brings its total ETH holdings to 876,285, a stack worth north of $3B at current prices and large enough to make it the second-biggest corporate Ethereum holder on the planet.
Only BitMine holds more. For a company that launched its ETH treasury strategy barely a year ago, that is a staggering accumulation pace.
The numbers behind the staking machine
Since kicking off its Ethereum-focused treasury approach on June 2, 2025, SharpLink has racked up cumulative staking rewards of 22,102 ETH. The company went from roughly 1,388 ETH in early staking rewards to over 22,100 ETH in under 12 months.
The company’s average purchase price sits at $3,609 per ETH. That figure matters because it establishes a clear cost basis for investors trying to evaluate whether SBET shares represent a discount or premium to the underlying assets.
