On February 19, 2026, Sharplink, a Consensys-backed Ethereum treasury firm, announced it holds 867,798 ETH, valued at $1.68 billion as of February 15, per The Block. This includes 225,429 ETH redeemed from LsETH and 55,137 ETH from WeETH, with 13,615 ETH generated in staking rewards over the past year. CEO Joseph Chalom, formerly at BlackRock, emphasised staking nearly 100% of holdings since inception, accruing rewards to stockholders, per CoinDesk. X posts from @CryptoInsights highlight Sharplink’s strategy as a model for treasury firms.
Sharplink stakes directly on Ethereum for 4,560 ETH rewards, plus 8,906 LsETH and 149 WeETH equivalents, per. This approach maximises yield without liquidation, amid ETH‘s price at $4,070, down from $4,878 in 2021, per TradingView. Institutional ownership rose to 46% as of December 31, 2025, adding 60 new investors in Q4, according to Form 13F filings. Partnerships with Maple Finance, BitGo, and Copper for lastETH enhance liquidity, enabling DeFi collateral use while earning 5%+ APY. Sharplink ranks as the second-largest ETH treasury, behind diversified firms such as Galaxy Digital, according to The Block’s data.
Sharplink’s growth contrasts with other treasuries diversifying, like ETHZilla shifting to tokenisation after Peter Thiel’s Founders Fund divestment, per Bloomberg. The crypto market’s $3.8T cap and ETH’s 14.07% dominance reflect institutional interest, per CoinMarketCap. However, SEC scrutiny under the Securities Act of 1933 could affect tokenised assets, according to Coinlaw.io. X posts from @CryptoLawUS note Sharplink’s staking as compliant innovation. Risks include ETH volatility, with support at $4,000 and resistance at $4,700, according to Techopedia.
Sharplink could drive ETH adoption, with CoinShares projecting $12,000 by 2026 if institutional inflows continue. Monitor ETH support at $4,000 and stake via platforms like Lido or Rocket Pool. Investors should diversify across BTC ($113,234) and USDC, setting stop-losses below $4,000. Follow @TheBlock__ on X for updates. Sharplink’s strategy offers high yields but faces regulatory and market risks; a dip below $4,000 could signal a correction.
