Particle.news

Sharplink Reports 46% Institutional Ownership, 867,798 ETH Holdings as It Rebrands

The company is pitching a disciplined, staking‑centric approach to attract institutions.

Overview

  • Sharplink reported 867,798 ETH as of Feb. 15, valued at about $1.72 billion, with nearly all holdings staked.
  • The treasury consists of 587,232 native ETH plus amounts measured as if redeemed from liquid staking tokens: 225,429 ETH from LsETH and 55,137 ETH from WeETH.
  • Since June 2025, Sharplink has generated 13,615 ETH in staking rewards that have been retained for stockholders, increasing ETH per share.
  • Institutional ownership reached 46% as of Dec. 31, 2025, with roughly 60 new institutional investors added in the fourth quarter, according to Form 13F filings.
  • A brand refresh introduced a new website and the tagline “Ethereum with an Edge,” and the company hired Steven Ehrlich as Head of Research and Communications, while market data firm DropsTab estimates a $1.39 billion unrealized loss following ETH’s >60% price drop since August.