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Sharplink reports Q1 2026 revenue surge to $12.1M, holds 872,984 ETH, plans $125M onchain yield fund with Galaxy Digital

Company Fundamentals
11 May 2026
GlobeNewsWire
View Source
Neutral
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Sharplink, Inc. announced a significant increase in Q1 2026 revenue to $12.1 million, driven by its actively managed Ethereum treasury strategy. The company now holds approximately 872,984 ETH in its treasury and has generated 18,800 ETH in staking rewards since June 2025. Despite a net loss of $685.6 million due to unrealized losses and impairments linked to ETH market conditions, Sharplink is expanding its ETH productivity through a new $125 million Galaxy Sharplink Onchain Yield Fund partnership with Galaxy Digital. This initiative aims to deploy capital into selective onchain opportunities, enhancing long-term shareholder value amid Ethereum's growing institutional adoption and network development.

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