Ethereum treasury company Sharplink's Q3 net profit reached $751.4 million
Original headline以太坊财库公司 Sharplink 第三季度净利润达 7.514 亿美元
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Sharplink, an Ethereum treasury company, reported $13.5 million in third-quarter revenue and $751.4 million in net profit, up from $104.3 million a year earlier, driven by $676.7 million in unrealized gains on its ETH holdings and $75.2 million in realized crypto gains. As of September 30, the company held about 892,708 ETH worth roughly $2.1 billion. It also completed staking $200 million of ETH through Lido and began deploying capital via its $125 million Galaxy Sharplink on-chain yield fund. The results highlight how corporate ETH treasuries are increasingly functioning as leveraged crypto investment vehicles, with earnings tied to token price swings rather than operations. Watch whether Sharplink expands staking and fund deployments, and how its unrealized gains hold up if ETH prices move.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Sharplink, Ethereum (ETH), Lido (LDO), Galaxy Sharplink, The Block
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