SharpLink Gaming posted Q3 2025 revenue of $10.8 million, a 1,100% year-over-year increase, while an Ethereum-focused treasury strategy drove net income to $104.3 million.
SharpLink reported $10.8 million in Q3 revenue, an 1,100% year-over-year increase, with net income jumping to $104.3 million thanks to an aggressive Ethereum-focused treasury strategy. The quarter marks a dramatic turnaround from a $885,000 net loss a year earlier.

SharpLink Gaming reports another strong week of ETH staking, earning 492 ETH last week and bringing cumulative rewards to 7,067 ETH since launching the strategy on June 2, 2025. The company frames the plan as a long-term value-compounding approach for holders and treasury growth.

SharpLink Gaming partners with Superstate to tokenize its SEC-registered common stock on the Ethereum blockchain, becoming the first public company to issue equity natively on Ethereum. This move aims to modernize capital markets and enhance shareholder value through blockchain technology.

BitMine has amassed $2 billion in Ethereum, overtaking SharpLink and intensifying the race for Ethereum liquid supply. This highlights the growing competition in ETH asset management and liquidity strategies. Platforms like Bitlet.app offer unique services such as Crypto Installment plans, allowing users to buy Ethereum conveniently over time, contributing to the ecosystem's liquidity.