SharpLink releases 2025 Financial Report: Net Loss of $7.346 billion, Holding 864,597 ETH

BlockBeats News, March 10th. According to The Block, Ethereum treasury firm SharpLink released its 2025 annual financial report. The company reported a net loss of $7.346 billion in 2025, compared to a net profit of $10.1 million in 2024. The loss was primarily due to second-half ETH price declines leading to accounting adjustments, including $6.16 billion in unrealized losses and $140 million in LsETH impairment losses.

Despite the book loss, SharpLink raised approximately $3.2 billion in funding in 2025, ending the year holding 864,597 ETH. Since initiating the treasury strategy in June 2025, the company has earned staking rewards of 14,516 ETH through native staking and liquidity staking. Additionally, the company's institutional ownership increased from 6% at the beginning of the year to 46%.