Consensys-Backed Sharplink Now Holds 867,798 ETH in Treasury Strategy

Sharplink, the Nasdaq-listed firm backed by Consensys, has taken its Ethereum treasury to 867,798 ETH as of February 15, cementing its status as a massive corporate holder. This stockpile, valued at roughly $1.69 billion, highlights a growing trend for institutions to be long on ETH. Key Takeaways The Stash: Sharplink now holds 867,798 ETH, staking nearly 100% of the assets to generate continuous yield. The Support: Institutional ownership has surged to 46% as of Dec. 31, driven by confidence in CEO Jo ...