Overview
- SharpLink holds 728,804 ETH, valuing its treasury at roughly $3.4 billion
- It has staked nearly all tokens and is restaking through DeFi, generating more than 1,300 ETH in rewards
- The $200 million sale involved four global institutional investors and follows earlier PIPE and ATM placements to finance its ETH campaign
- Q2 revenue totaled $700,000 while net loss reached $103 million largely due to an $87.8 million non-cash impairment on liquid-staked ETH
- SharpLink ranks as the second-largest corporate Ethereum treasury behind BitMine Immersion Technologies