Crypto
SharpLink's Ethereum Treasury Strategy Generates $11.5M in Q2 Revenue
SharpLink's second-quarter revenue reached $11.5 million, largely driven by its Ethereum treasury strategy.
The company generated $11.2 million from ETH staking, with a significant portion of its reported revenue coming from putting cryptocurrency holdings to work.
A net loss of $394.3 million was also reported, including $321 million in unrealized crypto losses and $76.1 million in impairments tied to LsETH and weETH.