Sharplink Approaches $1 Billion in Paper Gains: What is the Liquidity of SBET ETH Profits?
SharpLink Gaming’s ETH assets have significantly increased in value following a nearly 4.5% rise in the cryptocurrency over the last 24 hours, bringing the company’s unrealized profits near the $1Bn threshold.
On Tuesday, SharpLink announced that its earnings from Ether acquisitions have surpassed $900M since the organization started to amass the asset on June 2.
SharpLink’s unrealized earnings now exceed $900M since initiating the Ethereum treasury strategy on June 2, 2025.
Over that period, ETH concentration has doubled, enhancing the value of each share.
With 839k ETH on our balance sheet and no liabilities, SharpLink remains well-positioned… pic.twitter.com/4HlQWRZjvw
— SharpLink (SBET) (@SharpLinkGaming) October 6, 2025
According to the Strategic ETH Reserve, SharpLink possesses 838,730 ETH, valued at approximately $3.93Bn at current crypto market rates. This amount accounts for about 0.69% of Ethereum’s entire circulating supply, positioning the company among the most significant corporate holders of the asset.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in October2025
What Led SharpLink’s Ethereum Holdings to Approach $4 Billion?
Ether’s rise to $4,700 on Tuesday, a nearly 5% increase from Monday’s $4,500, contributed additional strength to SharpLink’s financial standing.
The company also disclosed that its Ether concentration per share has nearly doubled since it began its accumulation strategy, enhancing potential returns for its investors.
The information also illustrates how SharpLink gradually strengthened its holdings throughout the summer. The initial purchase included 176,300 ETH, followed by several buying surges in July and August.
Since early September, SharpLink’s total Ether holdings have remained near 839,000 coins. The consistent increase in price has greatly amplified the worth of its assets.
Other companies with Ethereum-centric treasuries have adopted a similar strategy. Collectively, their total holdings now exceed 5.6M ETH, valued at about $26.5Bn at the present market rates.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
BitMine Immersion Technologies heads the pack with around 2.83M Ethereum, worth $13.25Bn. That constitutes approximately 2.34% of the total Ethereum circulating supply.
SharpLink is in second place, while The Ether Machine follows closely with nearly 500,000 Ethereum valued at roughly $2.32Bn.
Data from the Strategic ETH Reserve indicates that ETH held by exchange-traded funds has amassed to 6.83M Ethereum, valued at approximately $32Bn. This represents about 5.63% of the total supply.
In total, corporate treasuries and ETFs now command nearly 12.49M Ethereum worth around $58Bn. This constitutes more than 10% of Ethereum’s total circulation.
The cryptocurrency continues to be the second-largest treasury asset globally, only surpassed by Bitcoin’s 4M coins valued at close to $500Bn. Solana ranks third with approximately 18M tokens worth about $4Bn.
DISCOVER: 20+ Next Crypto to Explode in 2025
Join The 99Bitcoins News Discord Here For The Latest Crypto market Updates
The article Sharplink Hits Near $1Bn in Paper Gains: How Liquid Are SBET Ethereum Profits? first appeared on 99Bitcoins.
![[LIVE] Crypto Update Today, October 8 – What’s Causing the Crypto Decline Today? BTC Dropped Below $121K and $500 Million in Long Positions Liquidated: Top Altcoins to Consider Purchasing During This Dip?](https://99bitcoins.com/wp-content/uploads/crypto-icons/bitcoin.svg "[LIVE] Crypto Update Today, October 8 – What’s Causing the Crypto Decline Today? BTC Dropped Below $121K and $500 Million in Long Positions Liquidated: Top Altcoins to Consider Purchasing During This Dip?"){kind=icon}
