SharpLink, an Ethereum treasury company, held approximately 892,708 ETH at the end of the third quarter, valued at about $2.1 billion under U.S. GAAP. By November 2, its ETH holdings had increased to approximately 895,117 ETH, according to an Odaily report citing Bitcoin.com News.
The report was published on November 10, 2026, at 07:10:36 UTC+8.
Staking and fund allocations
On September 28, SharpLink completed a $200 million ETH staking allocation through Lido, receiving wstETH.
The Galaxy SharpLink Onchain Yield Fund began deploying capital in the third quarter. Its initial committed capital totaled $125 million, comprising $100 million from SharpLink and $25 million from Galaxy Digital.
SharpLink also made a strategic equity investment in Blockspace, an Ethereum validation and staking infrastructure company. The report did not disclose the investment amount.
What the figures establish—and what they do not
The $2.1 billion figure is a reported U.S. GAAP value for SharpLink’s quarter-end ETH holdings, not a valuation of SharpLink’s equity. The later ETH balance measures the quantity held as of November 2; the report does not provide a corresponding dollar valuation for that date.
The staking allocation and fund commitments describe capital deployment, but the report provides no realized yield, revenue or earnings figures. They therefore do not, on their own, establish the return generated by those activities or a fair value for SharpLink’s shares.
Original report: Odaily, citing Bitcoin.com News.