Crypto: SharpLink Profits Skyrocket 620% on Ethereum Gains

Image: Cointribune
Sharplink posted a net profit of $751.4 million in the third quarter of 2026, an increase of 620% year-on-year. The American company listed on Nasdaq attributes this performance to its crypto treasury strategy focused on Ethereum. But nearly 90% of the profits come from unrealized gains on its ETH. Its holdings now reach 895,117 ETH, while staking revenues continue to grow. The results published on November 9 mark a significant change for Sharplink. One year after announcing $104 million in profits thanks to Ethereum , the company shows a net profit of $751.4 million. Diluted earnings per share reach $3.45, compared to $0.62 in the third quarter of 2025. The increase is spectacular. It mainly comes from the valuation of crypto assets held by the company.
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