Sharplink, Inc. (NASDAQ: SBET) — a publicly traded, Ethereum-focused digital asset treasury firm — announced a record 46 % institutional ownership of its common stock as of Dec. 31, 2025, according to its most recent Form 13F filings. The company also disclosed 867,798 ETH in total holdings as of Feb. 15, 2026, valued at approximately $1.72 billion, and 13,615 ETH in staking rewards generated since June 2025, all of which have accrued to shareholders.
Institutional Confidence and Shareholder Growth
Sharplink’s stock has attracted substantial interest from large institutional investors, with around 60 new institutions added to its ownership base during the fourth quarter of 2025. The 46 % institutional ownership rate is among the highest reported by publicly traded Ethereum-focused digital asset treasury companies, and signals growing confidence among professional allocators in Sharplink’s risk-managed strategy and execution.
Joseph Chalom, CEO of Sharplink, said the milestone “confirms that sophisticated investors want disciplined execution and institutional-grade risk management,” noting that the company stakes nearly all its ETH “to keep generating long-term value for our stockholders.”
Ethereum Treasury Expansion and Staking Rewards
As of Feb. 15, 2026, Sharplink’s treasury held 867,798 ETH, including a mix of native ETH and assets represented through liquid staking derivatives such as LsETH and WeETH. The total balance — valued at approximately $1.72 billion — positions Sharplink as one of the largest corporate holders of Ethereum outside of major foundations and investment vehicles.
Since launching its ETH treasury strategy in June 2025, the company has generated 13,615 ETH in staking rewards, including rewards earned directly on native ETH and as-if-redeemed balances from liquid staking tokens. All staking income has been allocated to shareholders, enhancing the firm’s productive yield on its holdings.
Strategic Refresh and Leadership Expansion
Alongside its financial disclosures, Sharplink unveiled a comprehensive brand refresh and updated corporate identity reflecting its mission as an institutional-grade Ethereum vehicle. The refreshed website includes expanded investor relations content, an Ethereum opportunity page and a treasury dashboard showcasing the firm’s ETH metrics.
The company also appointed veteran crypto journalist Steven Ehrlich as Head of Research and Communications, aiming to strengthen engagement with both institutional and retail audiences and amplify Sharplink’s message on Ethereum advocacy and yield strategy.
Market Context
Sharplink’s developments come amid broader institutional interest in digital asset treasury strategies and regulated corporate exposure to leading blockchains like Ethereum. As public companies increasingly incorporate crypto assets into their balance sheets and generate yield through staking, Sharplink’s growing institutional base reflects a trend toward disciplined, long-term capital deployment in digital assets.
