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.

Sharplink, Inc. announced on June 30, 2026, that it acquired 10,000 ETH for approximately $16.1 million at a weighted average price of $1,611.04 per ETH between June 24 and June 26, 2026. The company's aggregate ETH holdings are 886,725 ETH, with a substantial portion deployed in staking. Additionally, the company repurchased 2,132,773 shares of common stock at an average price of $4.69 per share from June 24 to June 26, 2026, utilizing its $1.5 billion 2025 Share Repurchase Program. Sharplink, Inc. operates in the technology and digital asset management sector.

Sharplink, Inc. entered into a securities purchase agreement on June 22, 2026, to sell 10,013,351 shares of common stock at $7.49 per share, raising approximately $75 million in gross proceeds. The company also issued 10,013,351 warrants to an institutional investor with an exercise price of $8.15 per share. Net proceeds are intended to be used to acquire Ether (ETH) and for general working capital, including potential stock repurchases. Sharplink, Inc. is a technology company focused on sports betting and online betting industries.