星球日报|Nov 13, 2025 00:49
[SharpLink's Q3 Net Profit Reaches $104.3 Million, ETH Holdings Increase to 861,000]
Odaily Planet Daily News – According to an official announcement, U.S.-listed ETH treasury company SharpLink Gaming (SBET) has released its financial report for the third quarter of 2025. The company's net profit surged to approximately $104.3 million, with earnings per share of $0.62, compared to a net loss of $885,000 in the same period last year. As of September 30, SharpLink held approximately 817,700 ETH, which increased to 861,250 ETH as of November 9. Third-quarter total revenue was approximately $10.8 million, representing a year-over-year growth of over 1,100%. The company's total crypto asset value is approximately $3 billion, with $11.1 million in cash and $26.7 million in USDC stablecoins.
Operationally, the board of directors approved a $1.5 billion stock repurchase plan, with 1.938 million shares repurchased at a cost of $31.6 million. The company also announced plans to deploy $200 million worth of ETH on Consensys' Linea Layer 2 network to achieve enhanced yields through ether.fi and EigenCloud. Co-CEO Joseph Chalom stated that the company's ETH per share ratio has increased from 2.0 to 4.0.
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