Headquartered in Miami, FL Fiscal year ends December NASDAQ: SBET sharplink.com
Sharplink, Inc. (Nasdaq: SBET) operates an Ethereum treasury platform designed to give public market investors exposure to ETH. It is one of the largest corporate holders of Ether, with approximately 892,708 ETH as of September 30, 2026.
Holdings include native ETH and liquid staking/restaking tokens:
- LsETH
- weETH
- wstETH
The company actively manages its treasury to generate yield. Staking produces the large majority of its revenue, with a smaller legacy affiliate marketing business making up the remainder.
Recent initiatives include:
- A $200 million ETH staking allocation through Lido.
- The Galaxy Sharplink Onchain Yield Fund, co-launched with Galaxy Digital.
- A strategic equity investment in Ethereum infrastructure company Blockspace.
The company's chairman is Ethereum co-founder Joseph Lubin. Its financial results are heavily influenced by ETH price movements through fair-value accounting and impairment charges. Sharplink was founded in 2019, previously operated as Sharplink Gaming, and funds its strategy partly through equity issuance, including an ATM facility, alongside a stock repurchase program. Updated
Nearly all of the $751.4 million in net income was non-cash: $676.7 million of unrealized gains on Ethereum held at fair value. The operating business is still tiny, with revenue of $13.5 million exceeding expectations by 28%, staking doing almost all the work, and a nine-month tally that remains a $328.4 million net loss. Earnings here are an ETH price chart with a ticker attached.
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Sharplink, Inc. (Nasdaq: SBET) operates an Ethereum treasury platform designed to give public market investors exposure to ETH. It is one of the largest corporate holders of Ether, with approximately 892,708 ETH as of September 30, 2026.
The Wall Street consensus 12-month price target for SBET is $16.12.
