SharpLink Records 460ETH in Staking Rewards Last Week…Cumulative 9701ETH

Source
Minseung Kang

Summary

  • SharpLink Gaming said it recorded 460ETH in staking rewards last week.
  • Cumulative staking rewards increased to 9701ETH, and the company said it is utilizing most of its Ethereum holdings for staking.
  • SharpLink said its Ethereum financial strategy is growing by compounding weekly.
Photo = SharpLink Gaming X capture
Photo = SharpLink Gaming X capture

NASDAQ-listed U.S. company SharpLink Gaming, which has incorporated Ethereum (ETH) as a financial asset, recorded 460ETH in staking rewards last week.

On the 23rd, according to crypto asset (cryptocurrency) specialized media BlockBeats, SharpLink secured 460ETH in rewards from Ethereum staking over the past week, and cumulative staking rewards increased to 9701ETH.

SharpLink is utilizing most of its Ethereum holdings for staking and maintains a structure where rewards steadily accumulate on a weekly basis. The company said, "The Ethereum financial strategy is growing on a weekly compound basis."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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