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Sharplink Q3 Profit Rises 620%, With Caveat

Sharplink reported $751.4 million in net income for the third quarter of 2026 in results released on November 9, 2026, up from $104.3 million a year earlier. About 90% of that income came from $676.7 million in unrealized gains on cryptocurrency holdings, rather than cash-generating operations.

Revenue rose 24% to $13.5 million, including $13.1 million in staking revenue. Sharplink held about 892,708 ether at September 30 and said its Galaxy Sharplink Onchain Yield Fund, launched with $125 million in initial commitments, began deploying capital during the quarter.

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