SharpLink, a publicly traded company and Ethereum’s largest listed holder, recently announced staking all 198,167 ETH in its treasury reserves. Between June 23–27, the firm added 9,468 ETH (about $22.8 million), bringing its total holdings to roughly $485 million—but still marking an unrealized loss of over $34 million based on current ETH prices.SharpLink, a publicly traded company and Ethereum’s largest listed holder, recently announced staking all 198,167 ETH in its treasury reserves. Between June 23–27, the firm added 9,468 ETH (about $22.8 million), bringing its total holdings to roughly $485 million—but still marking an unrealized loss of over $34 million based on current ETH prices.

In the week ending June 27, SharpLink earned 102 ETH through staking, contributing to a cumulative 222 ETH of staking rewards—valued at approximately $540,000.

This move underscores their commitment to converting holdings into yield-generating assets while Ethereum’s protocol rewards long-term supporters.

🚀 Innovation via Transparency: ‘ETH Concentration’ Metric

To enhance investor clarity, SharpLink introduced a new reporting metric named ETH Concentration, which measures ETH holdings per 1,000 diluted shares. Since its June 13 debut, this ratio increased from 2.00 to 2.35 ETH, a 17.7% rise—reflecting both their aggressive accumulation and dilution adjustments.

This metric mirrors the “BTC Yield” indicators commonly used by Bitcoin-heavy firms like MicroStrategy, offering a clear picture of how much ETH the company controls…