SharpLink Lost $734 Million on Paper But Its ETH Staking Engine Just Hit a Record
SharpLink posted a $734. 6 million net loss for fiscal year 2025, but $756. 4 million of that figure came from non-cash accounting charges, not from selling a single Ether (ETH). The Nasdaq-listed company (SBET) holds 864,597 ETH in its treasury and operates as a public-market proxy for institutional Ethereum exposure
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