SharpLink Q1 Financial Report: ETH holdings increased to 873,000 coins, with staking earnings reaching 18,800 ETH

The Nasdaq-listed Ethereum treasury company SharpLink (SBET) announced its first-quarter financial report for the period ending March 31, 2026. Currently, the company's ETH holdings have increased to 873,000 coins (an increase of about 3,000 ETH since the end of March), with a GAAP-valued cryptocurrency asset scale of approximately $1.7 billion.

Since launching the ETH treasury strategy in June 2025, the ETH per share metric (ETH Concentration) has increased from 2 to 4.02, with a total of about 18,800 ETH generated from staking and on-chain earnings. Driven by the active management strategy of ETH, Q1 revenue has significantly increased year-on-year to $12.1 million.