1 week ago

SharpLink Posts $394.3M Q2 Loss as ETH Treasury Strategy Faces Market Headwinds

TLDR: SharpLink reported a $394.3 million net loss in Q2 2026 despite $11.5 million total revenue. Unrealized ETH losses of $321 million and $76.1 million in impairments drove the quarterly loss. SharpLink’s ETH holdings rose to approximately 888,938 tokens as of August 3, 2026. The company launched a $125 million Galaxy SharpLink Onchain Yield Fund [...]

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Source: Blockonomi →