How does SharpLink aim to be the most focused and disciplined Ethereum treasury in 2026

Source: PortaldoBitcoin Original Title: How SharpLink Aims to Be the Most “Focused and Disciplined” Ethereum Treasury in 2026 Original Link: Digital asset treasuries emerged strongly in 2025, rushing to accumulate billions of dollars in crypto assets like Bitcoin and Ethereum.

But 2026 is about more than just buying ETH for the Ethereum treasury company SharpLink, which aims to differentiate itself by focusing on long-term stability and avoiding flashy moves made solely for appearances.

“We’re not going to be the people who prioritize accumulation above all else,” said SharpLink CEO Joseph Chalom. “2026 is really about standing out from the crowd and being seen as a ()focused and disciplined digital asset treasury.”

The company has already accumulated 865,797 ETH — or over $2.6 billion — so far, but hasn’t made a major acquisition since October. This is because the firm plans to add ETH to its treasury only when it adds value to shareholders, or when its multiple over net asset value (@EmNAV) exceeds 1.

This means it has fallen well behind the leading Ethereum treasury company in terms of accumulation. The leading firm holds more than 4.2 million ETH, valued at over $12.6 billion. This competitor has also made investments along the way, most recently injecting $200 million into other initiatives.

“If I just wanted to accumulate, I could raise capital every month, every day, and dilute my shareholders,” Chalom said. “We’re not doing that.”

“We’re not distracted by unfocused investments — we’re not a zombie @EDAT,” he added. “If you have institutional capital or want to invest long-term, we are that focused, disciplined, and sophisticated digital asset treasury. That’s how we want to end the year.”

The company’s shares have fallen over the past six months, but Chalom said that institutional participation in the company’s capital is increasing, signaling that the narrative being presented is resonating with long-term investors.

“I think it’s about how we tell our story and operate,” he said. “We do this in a very systematic and methodical way, which tends to attract people interested in a long-term investment thesis.”

Earlier this month, the company staked $170 million of its ETH reserves on Ethereum’s Layer 2 network, Linea, as part of a multi-year effort that allows generating above-normal yields and additional incentives for investors.

This move is the first of its kind for SharpLink, which ultimately wants to “pioneer” the productive use of ETH among digital asset treasuries.

Like its competitors, SharpLink plans to hold 5% of the circulating supply of Ethereum in the future — but Chalom said this will be done with shareholders’ interests first.

“We will get there, but my guiding star is aligning with investors and focusing on ETH per share — not on accumulation for the sake of accumulation,” Chalom concluded.