[Sharplink CEO: ETH Treasury Companies Diverging from Strategy Model, Focusing on Staking and Simplified Balance Sheets] According to The Block, Sharplink CEO Joseph Chalom stated that Ethereum treasury companies are shifting away from the Strategy and Michael Saylor models, taking a different path by focusing on staking revenue and more streamlined balance sheets rather than complex financing structures. Chalom believes that only a few Ethereum treasury companies will survive during market downturns. Chalom noted that Ethereum treasury companies can generate returns directly from their holdings, rather than relying heavily on leverage or complex financing structures, which contrasts with the Strategy model.