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Sharplink To Stake $200M Of ETH Through Lido

Benzinga Newsdesk

One of the world's largest corporate holders of ETH adds wstETHto its treasury to enhance DeFi yieldMiami, FL, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (NASDAQ:SBET), one of the world's largest

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  1. Dominic Basulto

    The World's Biggest Ethereum Treasury Company Will Stop Buying ETH Soon. That's Why I'm Bearish on Ethereum Right Now.

    Bitmine Immersion Technologies, which holds 4.9% of all Ethereum in circulation ($15.5 billion), plans to stop buying ETH once it reaches the 5% threshold. The author argues this is bearish for Ethereum because Bitmine has been the most persistent buyer over the past 12 months, employing a dollar-cost averaging strategy. With this major demand source disappearing and shifting to yield maximization strategies instead, Ethereum investors may face reduced price support.

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