The post SharpLink Deploys $170M to Linea appeared on BitcoinEthereumNews.com.

A major U.S. gaming technology company has shifted a large digital asset position onto a key scaling network as part of a broader ethereum treasury plan. SharpLink moves $170 million in ETH to Linea SharpLink Gaming transferred $170 million worth of Ethereum (ETH) to the Linea network on Thursday, signaling a more sophisticated approach to institutional crypto treasury management. The Minneapolis-based firm said the move aims to improve transaction efficiency and enhance yield from its on-chain assets. Linea operates as an Ethereum Layer 2 network, designed to lower costs and accelerate processing by handling transactions off chain before settling on Ethereum. The latest move fits into SharpLink’s multi-year roadmap to optimize its expanding ETH position. Moreover, the company is already considered one of the largest public holders of Ethereum globally. Market reaction to the announcement was measured. However, SharpLink’s stock closed the session slightly higher, reflecting cautious optimism among equity investors about the long-term impact of the deployment. Yield, custody and Layer 2 strategy SharpLink shifted significant ETH holdings to Linea to pursue better yield efficiency while maintaining strict custody and risk controls. All Ethereum remains staked as the company refines a long-term treasury strategy closely tied to Layer 2 networks worldwide. The firm continues to view scalability solutions as central to how corporate balance sheets will interact with blockchain infrastructure. According to the company, treasury assets bridged to Linea remain within qualified custodial arrangements. That said, SharpLink is layering in restaking and incentive-based returns made possible by the scaling network’s ecosystem. Executives have framed this structure as a template for disciplined, yield-focused on-chain capital management. Linea’s network activity cooled following an initial launch surge, with total value locked falling sharply from its highs. Nevertheless, SharpLink’s decision to expand its presence there underscores a commitment to supporting institutional use cases…

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Filed under: News - @ January 9, 2026 7:27 pm