SharpLink Revenues Surge 1,100%, Driven by ETH Treasury

Sharplink (NASDAQ: SBET) reported a significant 1,100% year-over-year increase in third-quarter revenue. As of September 30, 2025, total revenue increased to approximately $10.8 million and net income increased to approximately $104.3 million, or $0.62 per fully diluted share. The impressive numbers for the third quarter were primarily driven by the company’s strong performance. Ethereum (ETH) Ministry of Finance.

Commenting on the third quarter numbers, SharpLink co-CEO Joseph Chalom said that the third quarter of 2025 was the first full quarter of implementing SharpLink’s ETH treasury strategy, and the results clearly validated its execution. He further stated that he has deployed nearly all of his ETH holdings to date into productive, yield-producing investments. stakingWhile maintaining disciplined risk management.

He further added that he recently announced his intention to allocate $200 million of ETH to deploy on ConsenSys’ Linea platform via ether.fi and EigenCloud to responsibly increase Ethereum DeFi yields. He emphasized that since the establishment of the Treasury, the ETH concentration per share has doubled from 2.0 to 4.0, and remains focused on increasing long-term value for shareholders.

SharpLink’s impressive Q3 numbers confirm the company’s ETH financial strategy

SharpLink’s total revenue increased from $900,000 in the previous third quarter to $10.8 million this year, an increase of more than 1,100%. SharpLink reported net income of approximately $104.3 million. This achievement is notable since the company’s net loss in the third quarter of last year was approximately $885,000, or $(3.02) per fully diluted share. As of November 9th, SharpLink has 861,251 ETH holdings. As of September 30, 2025, it was 817,747 ETH.

According to the company’s third quarter financial results announcement, Sharplink held a total of approximately $3 billion in crypto assets as of the end of September 2025, including $11.1 million in cash and $26.7 million in USDC stable coins. This number clearly suggests that the company’s liquidity and financial strength is currently supported by crypto assets, especially Ethereum.

Co-CEO Chalom highlighted financial strategy and commented that Sharplink is pioneering a new model for a publicly traded ETH financial company, one that combines the agility of an active asset manager with the transparency of a public company. He further added that Sharplink’s ability to dynamically manage capital, pursue sophisticated compounding yield strategies, and partner with many of the most respected companies in the Ethereum ecosystem puts Sharplink in pole position as Ethereum’s institutional supercycle accelerates. SharpLink will hold a conference call to discuss its third quarter results on Thursday, November 13, 2025 at 8:30 a.m. Eastern Time. This conference call can be accessed through SharpLink’s Investor Relations website.

The company’s boldness in moving forward with its Ethereum financial strategy signals growing confidence in the long-term potential of the world’s second-largest cryptocurrency. Such institutional activity is expected to have a bullish impact on the market. Furthermore, ETH is predicted to reach between $4,000 and $7,500 under a bullish scenario towards the end of this year.

What is the current situation with Ethereum?

ETH is rising today as the end of the 43-day US government shutdown sent a strong bullish signal to the market. The token price has increased by 2.9% in the past 24 hours and is currently trading at around $3,548.36. The market capitalization reached $427.87 billion. 24-hour trading volume also increased by more than 14%. The token is trading above its 10-day moving average and the MACD is showing a bullish crossover, suggesting a rally may be around the corner.