SharpLink's Ethereum Bet Pays Off: $104.3M Q3 Net Income, 1,100% Revenue Jump

Published at 2025-11-13 06:15:04

SharpLink Gaming reported a standout Q3 2025 as revenue climbed to $10.8 million — a 1,100% year-over-year surge — and net income soared to $104.3 million. Management attributed the outsized profit to its Ethereum-focused treasury strategy, where gains on ETH holdings and related positions outweighed operating revenue for the quarter.

The results highlight how crypto treasury management can materially affect traditional financial metrics for web3-native companies. Investors should note the earnings mix: much of the upside appears driven by market moves and asset revaluations rather than core gaming sales, so future quarters could swing with ETH price volatility and realization decisions. The quarter underscores both the upside of crypto exposure and the importance of disclosure around realized versus unrealized gains.

EthereumSharpLinkGamingTreasuryCrypto

Share on:

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

BlackRockInstitutionalMarket ReboundCryptoETFEthereum

Published at 2025-12-03 19:00:20

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

SolanaCryptoRevolutWalletsDeFiSOL

Published at 2025-12-03 18:45:13

Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

RegulationPolymarketCFTCCryptoPrediction markets

Published at 2025-12-03 17:15:09

Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.

DogecoinCryptoMarketVolatilityOn-Chain

Published at 2025-12-03 15:30:31

Chainlink (LINK) Soars Past XRP After Sharp Rally

Chainlink’s native token LINK jumped sharply on Wednesday, delivering strong intraday gains that outpaced XRP. Traders pointed to renewed demand for oracle services and DeFi integrations as possible drivers.