BitMine首度質押近7.5萬枚ETH！SharpLink解質押逾3.5萬枚ETH，但CEO喊：以太坊TVL明年漲10倍

As Ethereum’s price hovers around the $2,900 mark, two major institutional ETH treasury companies are taking completely different actions: the world’s largest ETH treasury, BitMine, is making a large-scale stake of nearly 75,000 ETH to earn staking rewards for the first time, while SharpLink is simultaneously releasing over 35,000 ETH from staking; however, its CEO has expressed optimism that Ethereum’s TVL will surge tenfold by 2026, sparking significant market attention due to the divergence in institutional strategies.
(Background: Analysts warn: Ethereum unlikely to hit new highs in 2026; if ETH hits previous highs, “please exit quickly”)
(Additional context: BitMine continues to buy Ethereum! Spent $19.63 million to purchase 6,678 ETH, with total holdings approaching 4.1 million ETH)

According to on-chain data monitoring team @OnchainLens, earlier today (27) on X platform, the world’s largest Ethereum reserve company BitMine (@BitMNR, NYSE: BMNR), after months of accumulation, has staked 74,880 ETH, worth approximately $219.18 million. In response, on-chain data analyst @EmberCN also posted on X today to add:

BitMine (BMNR) has finally started staking its ETH holdings to earn interest. About 50 minutes ago, they deposited 74,880 ETH (roughly $219 million) into the Ethereum PoS staking contract. This is BitMine’s first staking activity. The company currently holds about 4.066 million ETH. Based on the current annualized yield (APY) of approximately 3.12%, if all ETH is staked, it could earn about 126,800 ETH in interest over a year, valued at roughly $371 million at the ETH price of $2,927.

This move indicates that BitMine is shifting from simply holding coins to actively participating in network consensus mechanisms to earn staking rewards.

SharpLink Unstakes Ethereum

In contrast, another Ethereum treasury company, SharpLink (@SharpLink, Nasdaq: SBET), was detected today on the blockchain to have unstaked 35,627 ETH from liquidity staking protocols, valued at about $104.4 million. Market analysis suggests this may indicate SharpLink plans to sell some ETH, adjust its asset allocation strategy, or release liquidity for other investments.

Notably, earlier today, SharpLink CEO Joseph Chalom (former head of digital asset strategy at BlackRock) posted a series of messages on X expressing strong optimism about the Ethereum ecosystem. He stated that the rapid expansion of the stablecoin market, the surge in tokenized real-world assets (RWA), and increasing interest from sovereign wealth funds in crypto assets will drive Ethereum’s total value locked (TVL) to grow tenfold by 2026.

In 2026, I believe Ethereum’s Total Value Locked (TVL) will increase 10X. Why and how? 🧵

Views ≠ investment advice.

— Joseph Chalom (@joechalom) December 26, 2025

Joseph Chalom further elaborated his views: by the end of 2026, the stablecoin market size is expected to reach $500 billion; the tokenized RWA market will expand to $300 billion, with assets under management (AUM) of tokenized assets increasing tenfold, extending beyond individual funds, stocks, or bonds to encompass entire fund portfolios. Additionally, the amount of ETH held by sovereign wealth funds and the scale of tokenization are projected to grow 5-10 times.

He also emphasized that on-chain AI agents and prediction markets will become mainstream applications, bringing substantial on-chain activity and value inflows, further strengthening Ethereum’s role as the global settlement layer.

Overall, the latest actions of the two major ETH treasury companies show divergence: BitMine is shifting toward staking for income, while SharpLink has unstaked some ETH but its leadership remains highly optimistic about the ecosystem’s prospects. This partly reflects the strategic differences among institutions at the current ETH price range of approximately $2900-3000, injecting different signals into the market.