SharpLink net loss of $734 million in 2025, ETH holdings continue to rise

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Odaily Planet Daily reports that according to SharpLink’s 2025 annual financial report, this Ethereum treasury company supported by Consensys recorded a net loss of $734 million in 2025, compared to a net profit of $10.1 million in 2024. The loss mainly resulted from accounting adjustments due to the decline in ETH prices in the second half of the year, including an unrealized loss of $616 million and a $140 million write-down of LsETH. Despite the accounting loss, SharpLink raised approximately $3.2 billion in funding in 2025, with holdings reaching 864,597 ETH by the end of the year. Since launching its treasury strategy in June 2025, the company has earned 14,516 ETH in staking rewards through native and liquid staking. Additionally, the company’s institutional ownership increased sharply from 6% at the beginning of the year to 46%. CEO Joseph Chalom stated that 2025 was a pivotal year for the company’s transformation into an institutional-level Ethereum treasury platform. (The Block)

ETH3.41%
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