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Sharplink Q1 Revenue Tops $12.1 Million as ETH Treasury Company Expands Yield Strategies

GateNews

2026-05-11 18:27:21

ETH-0.11%

According to The Block, Sharplink reported first-quarter 2026 revenue of $12.1 million on Monday, up from $742,000 in the same period last year, driven primarily by staking income from its treasury strategy.

The company holds 872,984 ETH as of May 4, worth approximately $2.4 billion at current prices. Alongside earnings, Sharplink announced plans to launch the Galaxy Sharplink Onchain Yield Fund with Galaxy Digital, a $125 million initiative to deploy capital into decentralized finance and liquidity opportunities, aiming to generate returns above average Ethereum staking rates.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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