Sharplink Q3 net income hits $751 million on unrealized ether gains
Sharplink, an Ethereum treasury company, reported Q3 net income of $751.4 million, driven largely by unrealized gains on its ether holdings. Revenue for the quarter came in at $13.5 million. The result highlights how corporate ETH treasuries can post large paper profits tied to crypto price moves, a signal traders watch for institutional demand.