SharpLink 的以太坊帝国：35 亿美元押注 ETH 控股

SharpLink 积极扩大其 ETH 持有量，目前价格为 $3.5B，这表明其采取了大胆的长期战略。这是企业财务的未来吗？

The world of corporate finance is getting a serious dose of crypto, and SharpLink is leading the charge. Let's dive into SharpLink's ambitious Ethereum strategy and what it means for the future of digital asset treasuries.

企业财务领域正在大量使用加密货币，而 SharpLink 正在引领这一潮流。让我们深入了解 SharpLink 雄心勃勃的以太坊战略及其对数字资产国库的未来意味着什么。

SharpLink's Ethereum Acquisition Spree

SharpLink 的以太坊收购热潮

SharpLink has been making waves with its aggressive accumulation of Ethereum. As of October 19, 2025, they've bulked up their ETH holdings to a staggering 859,853 ETH, valued at around $3.5 billion. This follows a recent acquisition of 19,271 ETH, funded by a successful $76.5 million capital raise.

SharpLink 凭借其对以太坊的积极积累而掀起波澜。截至 2025 年 10 月 19 日，他们的 ETH 持有量已增至惊人的 859,853 枚 ETH，价值约 35 亿美元。在此之前，公司最近成功筹集了 7650 万美元的资金，收购了 19,271 ETH。

What's truly eye-catching is that this capital raise was done at a 12% premium to the market price, showing investors are clearly believers in SharpLink's vision.

真正引人注目的是，本次融资的价格较市场价格溢价12%，这表明投资者显然相信SharpLink的愿景。

A Strategic Treasury Model Built on Ethereum

基于以太坊的战略资金模型

SharpLink isn't just stacking ETH; they're building their entire treasury model around it. Back in June, they made headlines by becoming the first publicly traded company to center its treasury strategy around Ethereum rather than Bitcoin. Currently, SharpLink holds 4.0% concentration in ETH, a metric that has doubled since June.

SharpLink 不仅仅堆叠 ETH；它还堆叠 ETH。他们正在围绕它构建整个财务模型。早在 6 月份，他们就成为第一家将财务战略集中在以太坊而不是比特币的上市公司，从而成为头条新闻。目前，SharpLink 的 ETH 集中度为 4.0%，这一指标自 6 月份以来已经翻了一番。

The company's Co-CEO, Joseph Chalom, emphasized that their primary focus is the generation of shareholder value through disciplined execution and an aggressive approach to building ETH reserves.

该公司的联合首席执行官 Joseph Chalom 强调，他们的主要关注点是通过严格的执行和积极建立 ETH 储备的方法来创造股东价值。

Staking Rewards: Turning ETH into a Revenue Stream

质押奖励：将 ETH 转变为收入来源

SharpLink isn't letting their ETH sit idle. They're actively participating in Ethereum's proof-of-stake system, generating passive income through staking rewards. Since June 2, they've earned 5,671 ETH in staking rewards, worth over $23 million. By staking ETH, SharpLink is turning its treasury into a yield-generating asset, which is pretty genius, if you ask me.

SharpLink 不会让他们的 ETH 闲置。他们积极参与以太坊的权益证明系统，通过质押奖励产生被动收入。自 6 月 2 日以来，他们已经获得了 5,671 ETH 的质押奖励，价值超过 2300 万美元。通过质押 ETH，SharpLink 正在将其金库变成一种产生收益的资产，如果你问我的话，这真是太天才了。

The Risks and Rewards

风险与回报

Of course, it's not all sunshine and rainbows. The crypto market is notoriously volatile, and SharpLink's stock ($SBET) is sensitive to these fluctuations. The company's future success is intrinsically linked to the health of the Ethereum ecosystem, and any major market downturn could impact its holdings.

当然，并不全是阳光和彩虹。众所周知，加密货币市场波动很大，SharpLink 的股票 ($SBET) 对这些波动很敏感。该公司未来的成功与以太坊生态系统的健康有着内在的联系，任何重大的市场低迷都可能影响其持有的股票。

SharpLink: A Blueprint for the Future?

SharpLink：未来的蓝图？

SharpLink's bold bet on Ethereum is a fascinating case study in corporate treasury management. If Ethereum continues its path towards broader adoption, SharpLink might be setting a blueprint that others will follow. The combination of strategic acquisitions, staking rewards, and a long-term vision makes SharpLink a company to watch in the evolving world of digital assets.

SharpLink 对以太坊的大胆押注是企业财务管理中一个引人入胜的案例研究。如果以太坊继续走向更广泛的采用，SharpLink 可能会制定一个其他人将效仿的蓝图。战略收购、质押奖励和长期愿景的结合使 SharpLink 成为不断发展的数字资产世界中值得关注的公司。

So, what do you think? Is SharpLink onto something big, or are they playing with fire? Either way, it's definitely a wild ride to watch. Cheers to the future of finance, New York style!

那么，你觉得怎么样？ SharpLink 是在搞大事，还是在玩火？不管怎样，这绝对是一次值得观看的疯狂之旅。为纽约风格的金融未来干杯！