SharpLink &#273;&atilde; t&#7841;o ra 459 ETH t&#7915; ph&#7847;n th&#432;&#7903;ng staking trong tu&#7847;n tr&#432;&#7899;c, n&acirc;ng t&#7893;ng l&#7907;i su&#7845;t t&iacute;ch l&#361;y l&ecirc;n 6,575 ETH k&#7875; t&#7915; khi b&#7855;t &#273;&#7847;u chi&#7871;n l&#432;&#7907;c qu&#7843;n l&yacute; v&#7889;n b&#7857;ng Ethereum v&agrave;o th&aacute;ng 6/2025.
C&ocirc;ng ty ni&ecirc;m y&#7871;t tr&ecirc;n Nasdaq n&agrave;y hi&#7879;n &#273;ang n&#7855;m gi&#7919; 859,853 ETH, tr&#7883; gi&aacute; kho&#7843;ng 2.9 t&#7927; USD, l&agrave; m&#7897;t trong nh&#7919;ng cam k&#7871;t l&#7899;n nh&#7845;t t&#7915; c&aacute;c t&#7893; ch&#7913;c &#273;&#7889;i v&#7899;i t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; c&oacute; l&#7907;i su&#7845;t.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-ethereum-staking-turns-corporate-treasury-into-a-profit-engine">Staking Ethereum bi&#7871;n kho b&#7841;c c&ocirc;ng ty th&agrave;nh &#273;&#7897;ng c&#417; l&#7907;i nhu&#7853;n</h2>

M&aacute;y t&iacute;nh staking Ethereum c&#7911;a SharpLink &#273;ang mang l&#7841;i l&#7907;i su&#7845;t c&oacute; th&#7875; thay &#273;&#7893;i kh&aacute;i ni&#7879;m v&#7873; vi&#7879;c <a href="https://vn.beincrypto.com/asia-digital-asset-treasury-stock-exchanges/" target="_blank" rel="noreferrer noopener">gi&#7919; crypto tr&ecirc;n b&#7843;ng c&acirc;n &#273;&#7889;i k&#7871; to&aacute;n doanh nghi&#7879;p</a>. Theo d&#7919; li&#7879;u t&#7915; c&ocirc;ng ty, trong tu&#7847;n tr&#432;&#7899;c, h&#7885; &#273;&atilde; ki&#7871;m &#273;&#432;&#7907;c 459 ETH (1.5 tri&#7879;u USD) t&#7915; ph&#7847;n th&#432;&#7903;ng staking. &#272;i&#7873;u n&agrave;y n&acirc;ng t&#7893;ng s&#7889; l&ecirc;n 6,575 ETH k&#7875; t&#7915; khi kh&#7903;i &#273;&#7897;ng chi&#7871;n l&#432;&#7907;c staking v&agrave;o th&aacute;ng 6/2025.
K&#7871;t qu&#7843; n&agrave;y &#273;&atilde; t&#7841;o ra l&agrave;n s&oacute;ng b&igrave;nh lu&#7853;n trong c&#7897;ng &#273;&#7891;ng crypto v&agrave; t&agrave;i ch&iacute;nh truy&#7873;n th&#7889;ng. Nhi&#7873;u ng&#432;&#7901;i cho r&#7857;ng &#273;i&#7873;u n&agrave;y ch&#7913;ng t&#7887; Ethereum, ch&#7913; kh&ocirc;ng ph&#7843;i Bitcoin, c&oacute; th&#7875; l&agrave; t&agrave;i s&#7843;n d&#7921; tr&#7919; v&#432;&#7907;t tr&#7897;i. L&#7907;i th&#7871; c&#7911;a Ethereum n&#7857;m &#7903; kho&#7843;n d&#7921; tr&#7919; c&oacute; l&#7907;i su&#7845;t, b&#7873;n v&#7919;ng theo th&#7901;i gian.
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&ldquo;&#272;i&#7873;u n&agrave;y th&#7921;c s&#7921; &#273;i&ecirc;n r&#7891;. SharpLink &#273;&atilde; t&#7841;o ra 1.5 tri&#7879;u USD t&#7915; doanh thu staking ch&#7881; trong tu&#7847;n tr&#432;&#7899;c. &#272;i&#7873;u &#273;&oacute; t&#432;&#417;ng &#273;&#432;&#417;ng 83.5 tri&#7879;u USD h&agrave;ng n&#259;m. Tuy nhi&ecirc;n, &#273;i&#7873;u n&agrave;y t&iacute;ch l&#361;y theo th&#7901;i gian v&agrave; gi&aacute; ETH c&#361;ng c&oacute; th&#7875; t&#259;ng. Do &#273;&oacute; &#273;&acirc;y l&agrave; ngu&#7891;n doanh thu h&#417;n 100 tri&#7879;u USD &ndash; m&agrave; ch&#7881; m&#7899;i b&#7855;t &#273;&#7847;u 5 th&aacute;ng tr&#432;&#7899;c,&rdquo; &#273;&#7891;ng s&#7903; h&#7919;u Milk Road Kyle Reidhead &#273;&atilde; <a href="https://x.com/KyleReidhead/status/1986638111086944625" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a> trong m&#7897;t b&agrave;i &#273;&#259;ng v&agrave;o th&#7913; S&aacute;u.
</blockquote>

Anh &#7845;y cho bi&#7871;t th&ecirc;m r&#7857;ng l&#7907;i su&#7845;t kh&ocirc;ng c&oacute; &#273;&ograve;n b&#7849;y, &#273;i&#7873;u n&agrave;y gi&uacute;p SharpLink c&oacute; kh&ocirc;ng gian &#273;&#7875; &ldquo;x&acirc;y d&#7921;ng v&agrave; ph&aacute;t tri&#7875;n trong nh&#7919;ng th&#7901;i &#273;i&#7875;m t&#7889;t ho&#7863;c x&#7845;u c&#7911;a th&#7883; tr&#432;&#7901;ng.&rdquo; Theo l&atilde;nh &#273;&#7841;o Milk Road, &#273;&acirc;y l&agrave; l&yacute; do ETH l&agrave; t&agrave;i s&#7843;n kho b&#7841;c t&#7889;t h&#417;n BTC.
B&agrave;i &#273;&#259;ng c&#7911;a Reidhead t&#7915; &#273;&oacute; &#273;&atilde; tr&#7903; th&agrave;nh v&iacute; d&#7909; ti&ecirc;u bi&#7875;u cho lu&#7853;n &#273;i&#7875;m &ldquo;ETH c&oacute; l&#7907;i su&#7845;t th&#7921;c&rdquo;. &#272;&acirc;y l&agrave; n&#417;i c&aacute;c t&#7893; ch&#7913;c ki&#7871;m &#273;&#432;&#7907;c l&#7907;i su&#7845;t th&#7921;c nh&#7845;t qu&aacute;n t&#7915; staking, thay v&igrave; d&#7921;a v&agrave;o s&#7921; t&#259;ng gi&aacute; &#273;&#7897;t bi&#7871;n.
Joseph Young, m&#7897;t ng&#432;&#7901;i d&ugrave;ng n&#7893;i ti&#7871;ng tr&ecirc;n X, c&#361;ng &#273;&#7891;ng &yacute; v&#7899;i &yacute; ki&#7871;n n&agrave;y. Anh l&#432;u &yacute; r&#7857;ng kho b&#7841;c c&#7911;a SharpLink hi&#7879;n n&#7855;m gi&#7919; 859,853 ETH, tr&#7883; gi&aacute; kho&#7843;ng 2.9 t&#7927; USD.
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&ldquo;R&otilde; r&agrave;ng l&agrave; b&acirc;y gi&#7901; SharpLink, Bitmine v&agrave; c&aacute;c t&#7893; ch&#7913;c kh&aacute;c s&#7869; ti&#7871;p t&#7909;c t&iacute;ch l&#361;y ETH m&#7897;t c&aacute;ch m&#7841;nh m&#7869;,&rdquo; Young n&oacute;i. &ldquo;Ph&#7847;n th&#432;&#7903;ng t&#7915; staking gia t&#259;ng &#273;&aacute;ng k&#7875; l&#7907;i t&#7913;c &#273;&#7847;u t&#432;, &#273;&#7863;c bi&#7879;t l&agrave; khi gi&aacute; t&#259;ng. H&atilde;y ch&#7901; &#273;&oacute;n nhi&#7873;u t&#7893; ch&#7913;c kh&aacute;c n&#7889;i g&oacute;t,&rdquo; <a href="https://x.com/iamjosephyoung/status/1986681924300239238" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a> Young.
</blockquote>

Nh&#7919;ng b&igrave;nh lu&#7853;n n&agrave;y nh&#7845;n m&#7841;nh s&#7921; chuy&#7875;n d&#7883;ch l&#7899;n c&#7911;a c&aacute;c t&#7893; ch&#7913;c sang ETH nh&#432; m&#7897;t t&agrave;i s&#7843;n c&oacute; l&#7907;i su&#7845;t tr&ecirc;n b&#7843;ng c&acirc;n &#273;&#7889;i. &#272;i&#7873;u n&agrave;y theo sau c&aacute;c &#273;&#7897;ng th&aacute;i c&#7911;a JPMorgan <a href="https://vn.beincrypto.com/jpmorgan-bitcoin-ethereum-collateral/" target="_blank" rel="noreferrer noopener">ch&#7845;p nh&#7853;n BTC v&agrave; ETH l&agrave;m t&agrave;i s&#7843;n th&#7871; ch&#7845;p</a>, c&#361;ng nh&#432; vi&#7879;c SEC &#273;&atilde; ph&ecirc; duy&#7879;t <a href="https://vn.beincrypto.com/sec-liquid-staking-tokens-rule-clarification/" target="_blank" rel="noreferrer noopener">ETFs staking ETH</a> v&agrave;o &#273;&#7847;u n&#259;m nay.
&#272;&#7891;ng s&aacute;ng l&#7853;p Ethereum Joseph Lubin c&#361;ng &#273;&atilde; &#273;&#432;a ra &yacute; ki&#7871;n, khen ng&#7907;i c&aacute;ch ti&#7871;p c&#7853;n c&#7911;a SharpLink v&agrave; &#273;&#7897;i ng&#361; l&atilde;nh &#273;&#7841;o c&#7911;a h&#7885;, do Matt Sheffield d&#7851;n d&#7855;t.
Nh&#7853;n x&eacute;t c&#7911;a Lubin &#273;&#432;&#7907;c &#273;&#432;a ra gi&#7919;a l&uacute;c ni&#7873;m tin t&aacute;i sinh r&#7857;ng m&#7897;t <a href="https://vn.beincrypto.com/standard-chartered-bitcoin-defi-us-crypto-news/" target="_blank" rel="noreferrer noopener">s&#7921; h&#7897;i t&#7909; DeFi-TradFi &#273;ang di&#7877;n ra</a>, &#273;&#432;&#7907;c th&uacute;c &#273;&#7849;y b&#7903;i vi&#7879;c gi&#7843;m b&#7899;t nh&#7919;ng c&#7843;n tr&#7903; v&#297; m&ocirc; v&agrave; thanh kho&#7843;n quay l&#7841;i th&#7883; tr&#432;&#7901;ng r&#7911;i ro.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-active-eth-management-on-the-chain">Qu&#7843;n l&yacute; ETH ch&#7911; &#273;&#7897;ng tr&ecirc;n chu&#7895;i</h2>

&#7902; n&#417;i kh&aacute;c, d&#7919; li&#7879;u t&#7915; Lookonchain cho th&#7845;y m&#7897;t v&iacute; li&ecirc;n k&#7871;t v&#7899;i SharpLink &#273;&atilde; &#273;&#7893;i l&#7845;y 5,284 ETH, tr&#7883; gi&aacute; kho&#7843;ng 17.5 tri&#7879;u USD, v&agrave; &#273;&atilde; n&#7841;p 4,364 ETH tr&#7883; gi&aacute; 14.4 tri&#7879;u USD v&agrave;o <a href="https://beincrypto.com/learn/okx-review" target="_blank" rel="noreferrer noopener">s&agrave;n giao d&#7883;ch OKX</a>.
&#272;i&#7873;u n&agrave;y c&oacute; th&#7875; cho th&#7845;y <a href="https://vn.beincrypto.com/blackrock-bitcoin-etf-transfer-scandal/" target="_blank" rel="noreferrer noopener">k&#7871; ho&#7841;ch b&aacute;n</a>, nh&#432;ng c&#361;ng ch&#7881; ra r&#7857;ng c&oacute; s&#7921; qu&#7843;n l&yacute; thanh kho&#7843;n ch&#7911; &#273;&#7897;ng thay v&igrave; c&aacute;ch ti&#7871;p c&#7853;n staking th&#7909; &#273;&#7897;ng.
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&ldquo;Vi&#7879;c di chuy&#7875;n c&#7911;a SharpLink ch&#7913;ng t&#7887; staking kh&ocirc;ng ch&#7881; l&agrave; l&#7907;i su&#7845;t DeFi, m&agrave; c&ograve;n l&agrave; c&#417; s&#7903; h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh. Ph&#7847;n th&#432;&#7903;ng t&iacute;ch l&#361;y mang l&#7841;i gi&aacute; tr&#7883; th&#7921;c cho c&#7893; &#273;&ocirc;ng khi &#273;&#432;&#7907;c gi&#7919; nguy&ecirc;n g&#7889;c. T&iacute;nh ch&#7845;t c&oacute; l&#7907;i su&#7845;t c&#7911;a ETH mang l&#7841;i l&#7907;i th&#7871; cho kho b&#7841;c so v&#7899;i t&iacute;nh h&#7919;u &iacute;ch t&#297;nh c&#7911;a b&#7843;ng c&acirc;n &#273;&#7889;i Bitcoin. &#272;&#7897; hi&#7879;u qu&#7843; c&#7911;a v&#7889;n hi&#7879;n &#273;ang &#273;&#7883;nh ngh&#297;a c&aacute;c c&#7893; phi&#7871;u blue-chip,&rdquo; m&#7897;t ng&#432;&#7901;i d&ugrave;ng <a href="https://x.com/rohitgolu2007/status/1985708371853656137" target="_blank" rel="noreferrer noopener nofollow">b&igrave;nh lu&#7853;n</a>.
</blockquote>



Khi c&aacute;c t&#7893; ch&#7913;c &#273;&aacute;nh gi&aacute; chi&#7871;n l&#432;&#7907;c ti&#7873;n &#273;i&#7879;n t&#7917; c&#7911;a h&#7885;, &#273;&#7897;ng c&#417; staking tr&#7883; gi&aacute; 100 tri&#7879;u USD c&#7911;a SharpLink cho th&#7845;y r&#7857;ng Ethereum c&oacute; th&#7875; &#273;&#432;&#7907;c s&#7917; d&#7909;ng nh&#432; m&#7897;t t&agrave;i s&#7843;n sinh thu nh&#7853;p t&iacute;ch l&#361;y, m&#7897;t ch&#7913;c n&#259;ng m&#7903; r&#7897;ng h&#417;n l&agrave; ch&#7881; ph&ograve;ng ng&#7915;a r&#7911;i ro.
C&ocirc;ng d&#7909;ng c&#7911;a Ethereum tr&ecirc;n c&aacute;c b&#7843;ng c&acirc;n &#273;&#7889;i d&#432;&#7901;ng nh&#432; &#273;ang b&#432;&#7899;c v&agrave;o giai &#273;o&#7841;n m&#7899;i, n&#417;i l&#7907;i su&#7845;t staking tr&#7903; th&agrave;nh t&#432;&#417;ng &#273;&#432;&#417;ng ti&#7873;n l&atilde;i trong th&#7871; gi&#7899;i crypto. &#272;i&#7873;u n&agrave;y &#273;&#432;&#7907;c th&#7845;y qua c&aacute;c qu&#7929; m&atilde; h&oacute;a t&#7915; Fidelity, ETFs h&#7853;u thu&#7851;n b&#7903;i ETH, v&agrave; c&aacute;c ng&acirc;n h&agrave;ng nh&#432; JPMorgan t&iacute;ch h&#7907;p t&agrave;i s&#7843;n th&#7871; ch&#7845;p staking v&agrave;o khung s&#432;&#7901;n c&#7911;a h&#7885;.
Cu&#7897;c &#273;ua c&#7911;a c&aacute;c t&#7853;p &#273;o&agrave;n hi&#7879;n &#273;&atilde; v&#432;&#7907;t xa vi&#7879;c ai mua nhi&#7873;u Bitcoin hay Ethereum nh&#7845;t, khi c&aacute;c nh&agrave; &#273;&#7847;u t&#432; hi&#7879;n quan t&acirc;m &#273;&#7871;n ai ki&#7871;m &#273;&#432;&#7907;c nhi&#7873;u l&#7907;i su&#7845;t nh&#7845;t.

Giótài Ethereum trị giá 100 triệu USD của SharpLink kích thích sự chuyển dịch kho bạc tổ chức