TechFlow News, March 9: According to Globe Newswire, Sharplink, Inc. (Nasdaq: SBET), an Ethereum treasury platform, released its full-year 2025 financial report on March 9, 2026.
Key Data:
- As of March 1, 2026, the company held a cumulative total of 869,000 ETH, making it the world’s second-largest publicly listed ETH holder.
- Total revenue for 2025 amounted to $28.1 million, a substantial increase from $3.7 million in 2024.
- Staking revenue for Q4 reached $15.3 million, representing a nearly 50% sequential growth.
- Since June 2025, the company has accumulated 14,516 ETH in staking rewards.
- ETH concentration per share increased from 2.0 to 4.01—doubling over the period.
- Institutional ownership rose significantly from approximately 6% to 46%.
Financial Note: Net loss for 2025 totaled $734.6 million, primarily driven by $616.2 million in unrealized losses resulting from the decline in ETH’s market value and $140.2 million in impairment of lsETH. These are accounting entries and do not affect the actual quantity of ETH held.
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