SharpLink Gaming moves $170M in Ethereum to Linea as 864,840 ETH treasury remains fully staked

SharpLink Gaming announced on Thursday that it has shifted $170 million in Ethereum to the Layer 2 network Linea as part of a broader plan to optimize its sizeable ETH holdings. The Minneapolis-based public company now has its entire 864,840 ETH treasury staked and intends to pursue additional DeFi strategies on Linea, while targeting higher but shareholder-aligned rewards.