The listed company Sharplink Gaming's holdings of LSETH (a liquid staked ETH derivative) have already reached an astonishing profit of $323 million. This once again proves how appealing the path of 'corporate cryptocurrency trading' can be.
Sharplink Gaming has recently been increasing its holdings of ETH, with total holdings now exceeding 600,000 coins. They are not simply hoarding coins, but have chosen LSETH, an asset that can continuously earn income, enjoying both price appreciation and staking rewards, which is simply a 'Davis Double Play'.
Companies like Metaplanet and BitMine have already had great success with their Bitcoin treasury strategy, and now Sharplink has replicated and upgraded this approach on Ethereum. It is foreseeable that in the future, more listed companies will turn their attention to productive crypto assets like ETH.