SharpLink Suffers $734M Loss Despite Growing Ethereum Treasury

SharpLink Inc., a Consensys-backed firm, reported a net loss of $734.6 million for the full year 2025, despite growing its Ethereum treasury.

The company's revenue grew sharply to $28.1 million in total revenue for 2025, up from $3.7 million in 2024, driven primarily by staking income.

SharpLink ended the year holding approximately 868,699 Ethereum and generated 14,516 Ethereum in staking rewards since launching its treasury strategy in June 2025.