Ethereum Treasury Company Sharplink Q2 Revenue $11.53 Million, Staking Revenue Accounts for Over 96%

TechFlow reports, on August 10, Ethereum treasury company Sharplink released its financial report for the second quarter of 2026. Total revenue during the reporting period was $11.53 million, of which staking revenue was $11.16 million, accounting for the majority. The company recorded a net loss of $394.3 million, primarily composed of non-cash unrealized losses on ETH and impairment provisions for LsETH and weETH, which does not affect the actual ETH holdings.

As of June 30, 2026, Sharplink's cash balance was $56.2 million, total crypto assets were approximately $1.416 billion, holding a total of approximately 886,881 ETH; as of August 3, ETH holdings increased to approximately 888,938. In terms of capital operations, the company completed a $75 million private placement in June and increased holdings by approximately 10,000 ETH, while continuing to advance stock buybacks. After the quarter, Sharplink also jointly established an on-chain yield fund with Galaxy and provided anchor funding support to multiple Ethereum ecosystem institutions.