SharpLink’s net loss widened over 3.5 times from Q2 2025 as ETH and broader crypto markets slumped.
SharpLink reported a $394.3 million net loss for Q2 2025, deepening from a $103.4 million loss in the same period last year. The decline reflects broader weakness in cryptocurrency markets, including ETH, during the quarter.
The company’s losses surged more than 3.5 times year-over-year, underscoring the impact of volatile digital asset prices. SharpLink has continued share buybacks and ETH acquisitions despite the downturn.
No immediate market reaction was disclosed in the filing.