SharpLink Q1 Financial Report: ETH holdings increased to 873k tokens, with staking rewards reaching 18.8k ETH

ChainCatcher News, Nasdaq-listed Ethereum treasury company SharpLink (SBET) announced its first-quarter financial report ending March 31, 2026. Currently, the company’s ETH holdings have increased to 873k ETH (an increase of about 3,000 ETH since the end of March), with a crypto asset valuation of approximately $1.7 billion according to GAAP.

Since launching the ETH treasury strategy in June 2025, the ETH/Share indicator (ETH Concentration) has risen from 2 to 4.02, with accumulated staking and on-chain yields generating about 18.8k ETH. Driven by the active management strategy of ETH, Q1 revenue surged significantly year-over-year to $12.1 million.

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