
Ethereum treasury firms are moving away from the leveraged, complex financial model used by Strategy and its chief executive, Michael Saylor, according to Sharplink CEO Joseph Chalom.
He said firms are now favoring simpler balance sheets and staking income, with Ethereum seen as more attractive than Bitcoin for generating direct yield from holdings.
SharpLink Gaming currently holds approximately 868,699 ETH, valued at around $1.96 billion, positioning it as the second-largest publicly listed Ethereum treasury.
Source: The Block