SharpLink Gaming, the Ethereum corporate owner, has reported that its unrealized profits have exceeded $900 million since it launched its Ethereum accumulation strategy on June 2, 2025.

During that period, the amount of Ethereum on the company’s balance sheet has doubled, which SharpLink said has made each share more valuable.

The company now holds more than 839,000 ETH and has no debt. The statement said this position allows SharpLink to continue to add value for shareholders.

“This demonstrates the power of a productive revenue-generating asset such as Ethereum,” the statement said.

Note that SharpLink Gaming’s last Ethereum purchase was in early September 2025. It purchased 39,008 ETH at an average price of about $4531. At the time, the company said that it had already received 2,318 ETH in staking revenue since the launch of its Ethereum accumulation strategy.

In July, we reported that SharpLink would raise an additional $5 billion to buy Ethereum.