Sharplink Stock Soars on Ethereum Treasury Strategy

Sharplink Inc.'s stock price has surged by 7.45 percent, driven largely by the company's Ethereum treasury strategy.

In its Q2 2026 earnings report, Sharplink posted a revenue of $11.5 million, up from $0.7 million in the same period last year, and narrowed its loss to $1.88 per share.

However, the company missed Street targets for both EPS ($0.01) and revenue ($12.3M).

The key driver behind Sharplink's growth is its Ethereum-heavy balance sheet, with management expanding holdings to around 889,000 ETH and leaning into staking and active treasury management.