Earnings ·
Sharplink reported Q2 2026 revenue of $11.5 million and a net loss of $394.3 million, driven by a $321.0 million…
SBETSharplink, Inc.
Sharplink reported Q2 2026 revenue of $11.5 million and a net loss of $394.3 million, driven by a $321.0 million unrealized ETH loss and a $76.1 million impairment charge on LsETH and weETH. The company completed a $75.0 million registered direct offering in June, issuing 10,013,351 shares at $7.49 per share to acquire approximately 10,000 ETH. Sharplink also repurchased 2.1 million shares for $10.0 million and announced anchor funding for EthLabs, Ethereum Institutional, and EthSystems. Post-quarter, the firm launched the Galaxy Sharplink Onchain Yield Fund with $125.0 million in committed capital. The company operates as an institutional-grade Ethereum treasury platform providing public market exposure to ETH.