SharpLink Gaming Rockets $900M in Unrealized ETH Profits Since Pivoting to a DAT

Since launching its ETH treasury strategy on June 2nd, 2025, Ethereum treasury firm SharpLink Gaming has seen unrealized profits exceed $900 ￰0￱ this period, the company’s ETH holdings have doubled, resulting in a corresponding increase in the value of each ￰1￱ 1 Million ETH Milestone SharpLink currently holds 839,000 ETH on its balance sheet and maintains a debt-free ￰2￱ this, the company is nearing its first major milestone of 1 million ￰3￱ a post on X, the Nasdaq-listed company said , “SharpLink’s in a strong position to keep generating value for ￰4￱ is the power of a productive and yield-bearing asset like ETH.” Founded in 1995 in Minneapolis, SharpLink built its early success through sports betting and online casino marketing, primarily via its affiliate network, ￰5￱ over 30 years, the company has helped major operators acquire customers across diverse ￰6￱ mid-2025, SharpLink announced plans to transition from its traditional business to an Ethereum treasury ￰7￱ pivot was motivated by both financial pressures and strategic ￰8￱ March 2025, SharpLink had experienced a 24% decline in revenue and a 110% drop in net profit ￰9￱ the same time, the growing demand for crypto exposure among traditional investors, boosted by Ethereum and Bitcoin ETFs, offered a clear market opening.

Ethereum’s performance over the past decade also made it a compelling hedge against ￰10￱ Treasury Powerhouse While SharpLink has been actively growing its ETH holdings, BitMine Immersion Technologies remains the largest publicly traded ETH treasury ￰11￱ week, the firm added 179,251 ETH to its portfolio, which is around $823 million at current ￰12￱ pushed its total Ethereum balance to 2.83 million tokens, worth roughly $13 ￰13￱ Ethereum, BitMine maintains 192 Bitcoin worth around $24 million, a $113 million investment in Eightco Holdings, and $456 million in ￰14￱ ETH was purchased at an average of $4,535 per token, below the current price of $4,625, which gave the company a favorable unrealized ￰15￱ a statement, BitMine Chairman Tom Lee said , “We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 ￰16￱ Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial ￰17￱ the majority of this is taking place on Ethereum.”