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SharpLink Reports Net Loss Exceeding $100 Million in Q2, Holds 728,804 ETH
Summary: According to reports, SharpLink Gaming has released its financial report for the second quarter of 2025, revealing that the company has designated ETH as its primary reserve asset, currently holding 728,804 ETH, almost all of which is staked, resulting in a total of 1,326 ETH rewards. The net loss for the second quarter reached $103.4 ...
According to reports, SharpLink Gaming has released its financial report for the second quarter of 2025, revealing that the company has designated ETH as its primary reserve asset, currently holding 728,804 ETH, almost all of which is staked, resulting in a total of 1,326 ETH rewards. The net loss for the second quarter reached $103.4 million, primarily due to an $87.8 million non-cash impairment related to LsETH asset price decline and a $16.4 million non-cash equity incentive related to the Consensys strategic agreement. Revenue for the same period was $7 million, with a gross profit of $2 million.
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Link: SharpLink Reports Net Loss Exceeding $100 Million in Q2, Holds 728,804 ETH [Copy]
