SharpLink Gaming announced on X platform Monday that its unrealized profits have exceeded $900 million since launching its Ethereum treasury strategy in early June.

SharpLink stated that over the past four months, the company's Ethereum holdings concentration has doubled, "creating higher value per share."

According to the post, SharpLink currently holds approximately 839,000 Ethereum on its balance sheet with no debt. The company noted, "This demonstrates the power of productive and yield-generating assets like Ethereum."

The Digital Asset Treasury (DAT) strategy represents a growing trend among public companies seeking exposure to the cryptocurrency sector. SharpLink has also announced plans to tokenize its common stock SBET on the Ethereum blockchain.

SharpLink Chairman and Consensys founder Joseph Lubin indicated last week that Consensys also plans to collaborate with SharpLink next year on its Ethereum layer-2 network Linea. SharpLink previously stated its intention to stake portions of its Ethereum holdings on this layer-2 network.

Market data shows SharpLink's stock rose 5.8% on Monday, closing at $19.24, with shares gaining 22.8% over the past month.