Sharplink's cumulative ETH staking rewards top 22,102 ETH

Nasdaq-listed Sharplink (SBET), a company focused on an Ethereum acquisition strategy, announced via X that it earned 509 ETH in staking rewards this week. This brings its cumulative staking rewards to 22,102 ETH, valued at approximately $37.02 million. Sharplink previously announced on June 22 that it had entered into a securities purchase agreement to raise $75 million, with plans to use the proceeds for operating capital, additional ETH purchases, and share buybacks. As of June 16, the company holds a total of 875,776 ETH.