SharpLink Gaming, a Minneapolis-based gambling marketing firm, has acquired over $30 million worth of Ethereum, bringing its holdings to 188,478 ETH (~$461M). All assets have been staked, earning 120 ETH in rewards and an 18.97% ETH-per-share growth. SBET shares rose 11% today but remain down over the past month due to misinterpretation of an SEC filing. SharpLink, unlike traditional crypto treasury models like MicroStrategy, is actively staking and engaging in DeFi—demonstrating long-term confidence in Ethereum and its potential to create shareholder value.