Sharplink Reports $751.4 Million in Q3 Net Income, Holds 895,100 ETH

Sharplink’s third-quarter results showed $751.4 million in net income, largely from crypto gains, and about 895,100 Ether (ETH) held by the company as of Nov. 2.

Sharplink, an Ethereum treasury company, recorded $13.5 million in revenue for the quarter, up 24% from a year earlier. ETH staking generated about $13.1 million.

Unrealized fair-value gains on crypto assets, including ETH, totaled $676.7 million, while realized gains were $75.2 million. The large valuation gains help explain why quarterly net income was much higher than revenue.

Still, Sharplink recorded a net loss of about $328 million across the first three quarters of 2026, despite its positive Q3 result. The ETH balance is dated Nov. 2, after the third quarter, so it is a later snapshot than the period covered by the revenue and income figures.