eth·March 10, 2026

Sharplink Posts $734M 2025 Loss Despite 660% Staking Revenue Surge

Sharplink reported a $734.6 million net loss for 2025 on March 09, 2026, driven by unrealized Ethereum paper losses, even as staking revenue skyrocketed 660% to $28.1 million.

Kai AlertTrust 43.0

1 min read

Sharplink's staking revenue grew 50% sequentially in Q4 2025, reaching $15.3 million compared to $10.3 million in Q3.
The company raised approximately $3.2 billion in capital during 2025 to fund its Ethereum accumulation strategy.
Sharplink's 'ETH per share' metric doubled in 2025, rising from 2.0 to 4.01 ETH per diluted share.

What Happened

On March 09, 2026, Sharplink, Inc. (Nasdaq: SBET) disclosed a massive net loss of $734.6 million for the full year 2025, according to [Globe Newswire](https://www.globenewswire.com/news-release/2026/03/09/Sharplink-Reports-Full-Year-202

Sources

[off-chain]Sharplink Posts $734 Million Loss as Ethereum Staking Revenue Soars

[off-chain]Sharplink Reports Full Year 2025 Financial and Operating Results

[off-chain]Sharplink reports 46% institutional ownership, holds 867,798 ETH

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