[SharpLink Reports $735 Million Net Loss in 2025, ETH Holdings Increase to Approximately 869,000] According to a report by Jinse Finance, Ethereum treasury company SharpLink, supported by Consensys, released its 2025 financial report: the company raised approximately $3.2 billion throughout the year, held approximately 869,000 ETH, and accumulated 14,516 ETH rewards through native staking and liquid staking. The financial report shows that the company recorded a net loss of $734.6 million in 2025, primarily due to an unrealized loss of approximately $616 million caused by the decline in ETH prices and a $140 million impairment of LsETH. However, the company's revenue increased year-over-year from $3.7 million to $28.1 million, and institutional ownership rose from approximately 6% to 46%.