Ether Treasury Sharplink’s Q3 Profit Soars 620%—but There’s a Catch
Sharplink reported a Q3 net income of $751.4 million, a more than sevenfold year-over-year increase, driven primarily by unrealized gains on its cryptocurrency holdings. Modest Revenue Growth and Cost Controls Nasdaq-lis...
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Ethereum is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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Ethereum treasury Sharplink’s Q3 net income hits $751 million on unrealized ether gains
Sharplink posted Q3 revenue of $13.5 million and net income of $751.4 million, driven by unrealized ETH gains.
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Bitmine bought another 9,587 ETH last week, closing in on its target of 5% of Ethereum's circulating supply.
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Ethereum stablecoin and tokenized fund market cap drops 19% to $168B
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