Sharplink reported a $394.3 million second-quarter loss as falling ether prices triggered more than $397 million in unrealized losses and impairments. Still, staking generated $11.2 million in revenue as the company continued building one of the largest corporate ETH treasuries. Sharplink Holds 888,938 ETH as Treasury Strategy Deepens Sharplink’s aggressive ethereum treasury strategy delivered rising…
Sharplink reported a $394.3 million second-quarter loss as falling ether prices triggered more than $397 million in unrealized losses and impairments. Still, staking generated $11.2 million in revenue as the company continued building one of the largest corporate ETH treasuries. Sharplink Holds 888,938 ETH as Treasury Strategy Deepens Sharplink’s aggressive ethereum treasury strategy delivered rising […]
Source: https://news.bitcoin.com/crypto-news/sharplink-earns-11m-from-ethereum-staking-despite-394m-q2-loss/
