Sharplink Q1 revenue $12.1M, net loss $685.6M; plans $125M Galaxy Onchain Yield Fund

Sharplink, Inc.

2026-Q1 EPS reported -$3.25 revenue$12,058,000

Revenue surged to $12.1M in Q1 2026 from $0.7M a year ago, driven by active ETH treasury management launched June 2025.
Net loss of $685.6M includes $506.7M unrealized loss on ETH and $191.7M LsETH impairment; ETH holdings unchanged at 870,821 ETH.
ETH holdings grew to 872,984 ETH as of May 4; cumulative staking rewards reached 18,800 ETH since June 2025.
Entered non-binding MOU with Galaxy Digital to form $125M Galaxy Sharplink Onchain Yield Fund ($100M from Sharplink, $25M from Galaxy).
ETH per share (ETH Concentration) more than doubled since June 2025 from 2.0 to 4.02; majority of treasury management now in-house.

item 2.02item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.