SharpLink achieved a net profit of $104.3 million in the third quarter, and its ETH holdings increased to 861,000 coins.
BlockBeats News, November 13, Ethereum treasury company SharpLink Gaming released its third-quarter 2025 financial report. The net profit surged to approximately $1.043 billion, with earnings per share of $0.62, compared to a net loss of $885,000 in the same period last year; total revenue was around $10.8 million, a year-on-year increase of over 1100%; total crypto assets amounted to around $3 billion, with $11.1 million in cash and $26.7 million in USDC stablecoin.
As of September 30, SharpLink held about 817,700 ETH, which increased to 861,250 ETH on November 9. In terms of operations, the Board of Directors approved a $1.5 billion stock repurchase plan, repurchasing 1.938 million shares at a cost of $31.6 million. Additionally, the company also announced that it will deploy $200 million worth of ETH on Linea, earning enhanced yield through ether.fi and EigenCloud.
You may also like

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Key Market Intel on March 12th, how much did you miss out on?

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
