SharpLink received 518 ETH in Staking rewards last week, worth over $1.5 million.

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SharpLink (SBET) announced that it received 518 ETH in Ethereum Staking rewards last week, worth approximately $1.5 million at current prices.

This Ethereum treasury company claims that nearly 100% of its Capital have been Staking since its launch, with the goal of creating continuous value for shareholders.

MAIN CONTENT
  • SharpLink received 518 ETH Staking rewards in one week.
  • The estimated value is approximately $1.5 million at current prices.
  • The company says almost 100% of Capital has been Staking since its launch.

SharpLink's Staking data for the past week.

SharpLink announced Staking profits of 518 ETH last week, equivalent to approximately $1.5 million at the current Ethereum price.

Information Chia by SharpLink on social media emphasizes its operating model based on Staking Ethereum to generate a steady stream of rewards. Key data cited includes the reward volume (518 ETH) and estimated fiat value (approximately $1.5 million), reflecting weekly Staking earnings.

SharpLink is described as an Ethereum treasury company, with a focus on holding and deploying Capital through Staking. This announcement focuses on weekly results rather than cumulative results, allowing the market to track the company's performance in generating returns from Staking activities.

The Staking strategy involves almost 100% of the Capital.

SharpLink stated that nearly 100% of the company's Capital has been Staking since its launch to create value for shareholders.

This statement indicates that the allocation of Capital to Staking is almost entirely focused on staking, rather than holding idle funds or deploying them in other strategies. SharpLink emphasizes its goal of creating continuous value for shareholders through Staking rewards, linking performance to revenue from the Ethereum ecosystem.

The content also includes a note stating that this information is for informational purposes only and does not constitute investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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