Sharplink Earns $11M From Ethereum Staking Despite $394M Q2 Loss

Sharplink earned $11.2 million from Ethereum staking in Q2 despite a $394.3 million loss. Falling ether prices caused over $397 million in unrealized losses and impairments. The company holds 888,938 ETH as part of its treasury strategy. Staking revenue provided a bright spot as Sharplink continues building one of the largest corporate ETH treasuries.