🔥【Practical Notes: SharpLink's ETH Reserve Strategy】
Just analyzed the latest on-chain data from SBET: holding over 205,000 ETH (valued at approximately $585 million), with 95% of the position staked in Liquid Collective/Figment, earning 100 ETH in interest weekly!
Core operational logic:
1️⃣ Buy low and increase position: At the end of June, purchased 7,689 ETH at an average price of $2,501, with funds raised from ATM fundraising (selling 5.4 million shares for $64.2 million)
2️⃣ Reinvest earnings: Staking + re-staking closed loop, accumulated 322 ETH in earnings since June
3️⃣ Risk hedging: Stock price is highly volatile (once dropped 67% in a single day), but ETH cost is anchored at $2,626, looking at staking earnings as a safety net in the long run
Ironclad practical rule:
Institution-level holdings ≠ guaranteed profit, SBET stock price fluctuated over 80% within the month
Staking earnings serve as a safety cushion, but be cautious of liquidation chains if ETH breaks $2,500
Following the vehicle requires synchronous monitoring of ATM's additional issuance (recent dilution of 5.4 million shares
