Sharplink Posts $734M Loss Despite Higher Staking Income

TLDR Sharplink reported a full-year net loss of $734 million after a decline in Ethereum prices reduced the value of its holdings. The company recorded a $616 million decrease in the value of its Ethereum treasury during the year. Sharplink booked a $140 million impairment charge related to tokens representing staked Ethereum. The firm generated [...]

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