Total Staking Rewards Increased to 1,799 ETH as of August 24, 2025; Approximately $200 Million in Cash Available for Additional ETH Acquisitions MINNEAPOLIS, MN, Aug. 26, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today issued its update on the Company’s ETH purchases for the period Monday, August 18, 2025 through Sunday, August 24, 2025; and ...

Company has accumulated 102,237 ETH at an average acquisition price of $3,948.72, which is now valued at approximately $489 millionAnnounces implementation of proprietary Electric Asset Protocol to generate higher yieldsPALM BEACH, Fla., Aug. 25, 2025 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ), (the "Company" or "ETHZilla"), today announced that its Board of Directors has authorized a stock repurchase program of up to $250 million of the Company's outstanding shares of common stock, effective immed ...

Core Viewpoint - SharpLink Gaming, Inc. has established Ether (ETH) as its primary treasury reserve asset, aiming to provide investors with an efficient way to engage in Ethereum's financial transformation [2][4]. Financial Strategy - The company is strategically accumulating ETH through disciplined capital formation and active treasury management, resulting in a yield-generating ETH treasury that enhances growth and aligns stockholder interests with the Ethereum ecosystem [3][6]. - SharpLink's treasury strategy is based on the belief that ETH will be the core trust commodity of the next-generation financial system [4]. Key Highlights - Since launching its ETH treasury strategy, SharpLink has raised over $2.6 billion in capital and acquired 728,804 ETH, significantly increasing its ETH Concentration metric by 98% from 2.00 to 3.95 [8][9]. - The company has staked nearly 100% of its ETH, generating cumulative rewards of approximately 1,326 ETH to date [8]. Financial Performance - For the three months ended June 30, 2025, SharpLink reported revenue of $0.7 million, a decrease from $1.0 million in the same period last year, with a gross profit of $0.2 million [9]. - The company incurred a net loss of $103.4 million, primarily due to a non-cash impairment loss of $87.8 million on liquid staked ETH holdings and non-cash stock-based compensation [13]. Leadership and Partnerships - SharpLink has built a world-class leadership team, including Joseph Lubin, Co-Founder of Ethereum, as Chairman of the Board, and Joseph Chalom, a veteran from BlackRock, as Co-CEO [8]. - The company has entered a strategic partnership with Consensys, enhancing its position in the Ethereum ecosystem [8].

Core Insights - Thumzup Media Corporation has received approval from its Board of Directors to diversify its cryptocurrency portfolio, allowing the company to hold up to $250 million in various cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC [1][2][3] Company Strategy - The company aims to remain at the forefront of the evolving cryptocurrency landscape as the U.S. federal government moves towards more crypto-friendly policies and regulatory clarity [2] - By diversifying its cryptocurrency holdings, Thumzup seeks to gain broader market exposure and create significant value for its shareholders [2][3] Technological Innovation - Thumzup is also developing a patent-pending Lifestyle AI Agent Marketplace, which is intended to revolutionize lifestyle planning through curated, AI-powered experiences [3] - The company operates a proprietary platform that allows users to earn cash for sharing branded content on social media, managed through a programmatic advertiser dashboard [2] Market Presence - The Thumzup app is available for download on both the App Store and Google Play, indicating the company's commitment to accessibility and user engagement [4] - Thumzup has been featured in notable media outlets such as CBS Los Angeles and KTLA, enhancing its visibility in the market [4]

Core Insights - SharpLink Gaming, Inc. has become the world's largest corporate holder of Ether (ETH) with 280,706 ETH as of July 13, 2025, following its treasury strategy launch on June 2, 2025 [1][5] - The company has allocated 99.7% of its ETH holdings to staking protocols, earning approximately 94 ETH in staking rewards between July 7 and July 11, 2025, totaling 415 ETH since the strategy's inception [2][8] - SharpLink introduced a proprietary metric called "ETH Concentration" to measure its ETH exposure relative to its capital structure, which increased from 2.00 ETH to 2.46 ETH, a 23% rise, with $257 million still available for deployment [3][4] Financial Activities - During the week of July 7 through July 11, 2025, SharpLink purchased 74,656 ETH at a weighted average price of $2,852, raising approximately $413 million in net proceeds through its At-The-Market facility [8] - The company plans to continue providing updates on its treasury activities to ensure investor transparency [1]

Core Insights - SharpLink Gaming, Inc. has become the world's largest corporate holder of Ether (ETH) with 280,706 ETH as of July 13, 2025, following its treasury strategy launch on June 2, 2025 [1][5] - The company has allocated 99.7% of its ETH holdings to staking protocols, earning approximately 94 ETH in staking rewards between July 7 and July 11, 2025, totaling 415 ETH since the strategy's inception [2] - SharpLink introduced a proprietary metric called "ETH Concentration" to measure its ETH exposure relative to its capital structure, which increased from 2.00 ETH to 2.46 ETH, a 23% rise in just over a month [3][4] Financial Activities - During the week of July 7 through July 11, 2025, SharpLink purchased 74,656 ETH at a weighted average price of $2,852, raising approximately $413 million in net proceeds through its At-The-Market facility [8] - As of July 13, 2025, approximately $257 million remains to be deployed for ETH purchases [8] Company Overview - SharpLink Gaming, Inc. is headquartered in Minneapolis, Minnesota, and is recognized as the largest publicly traded company adopting ETH as its primary treasury reserve asset, aligning with the future of digital capital [5] - The company aims to innovate the online gaming and sports betting industry by leveraging smart contracts, DeFi protocols, and Web3 infrastructure, striving to create a more dynamic and equitable ecosystem [6]

Core Viewpoint - BTCS Inc. has acquired 1,000 ETH for approximately $2.5 million, increasing its total Ethereum holdings to 14,600 ETH, representing a 61% increase since the end of Q1 2025 [1][2]. Group 1: Acquisition Details - The acquisition was made through borrowing on AAVE, a leading decentralized lending protocol, at an average price of $2,528 per ETH [1]. - The net cost of capital for this acquisition was approximately 2.78% per year, and there was no shareholder dilution involved [1]. Group 2: Company Strategy and Operations - The newly acquired ETH will be used to support the expansion of BTCS' NodeOps business by increasing its staking operations [6]. - BTCS has a long-term strategic approach, emphasizing disciplined execution and commitment to building shareholder value, which has contributed to its status as the oldest publicly traded crypto company [3]. Group 3: Company Overview - BTCS Inc. focuses on blockchain infrastructure technology and aims to drive scalable revenue growth through its operations, including block building and validator node management [7]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [7]. - BTCS also manages validator nodes and staking across multiple proof-of-stake networks, enhancing user access and engagement through its AI-powered blockchain data analytics platform, ChainQ [7].

Core Insights - BTCS Inc. has acquired 1,000 Ether (ETH) for approximately $2.63 million, increasing its total ETH holdings to about 13,500 ETH, which represents a 50% increase from 9,063 ETH at the end of Q1 2025 [1][2]. Company Strategy - The CEO of BTCS emphasized that the expanding ETH position is part of a broader strategy focused on building scalable, revenue-generating blockchain infrastructure rather than merely a treasury strategy [2]. - BTCS aims to maximize strategic value from every ETH purchase by utilizing Crypto.com's institutional offering, which helps reduce slippage and optimize capital deployment across blockchain initiatives [2]. Partnership with Crypto.com - Crypto.com Exchange, launched in the U.S. in 2024, provides advanced trading capabilities with deep global liquidity and ultra-low latency, catering to institutional and advanced clients [2][3]. - The partnership with Crypto.com is intended to enhance BTCS's cryptocurrency acquisition strategy and support its ongoing crypto reserve journey [3]. Company Overview - BTCS Inc. is focused on driving scalable revenue growth through blockchain infrastructure operations, specializing in block building and validator node management [3]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [3]. - BTCS has developed ChainQ, an AI-powered blockchain data analytics platform, to enhance user access and engagement within the blockchain ecosystem [3].