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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

ETH0.75%

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-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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