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SharpLink's Q3 revenue grew 24% year-over-year, net profit r

2026-11-10 09:56 · 2 sources

ETH

On November 9, 2026, PANews and Odaily, citing a SharpLink announcement, reported that the company’s third-quarter revenue was $13.5 million, up 24% year over year, of which staking revenue was $13.1 million; net profit for the quarter was $751 million, mainly from $677 million in unrealized gains from the increase in the fair value of its ETH holdings and $75.2 million in realized gains on crypto assets.

Event Timeline

Background and Impact

On November 9, 2026, PANews (15:10) and Odaily (15:15) successively cited a SharpLink announcement and reported that the company’s third-quarter revenue was $13.5 million, up 24% from $10.8 million in the same period last year; of that, staking revenue was $13.1 million, up 27% year over year. Net profit for the quarter was $751.4 million, with diluted earnings per share of $3.45, compared with net profit of $104.3 million in the same period last year.

The jump in profit is out of proportion to

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