SharpLink Q1 Financial Report: ETH Holdings Reach 873,000 Units

SharpLink (SBET) released its first-quarter financial report for the period ending March 31, 2026. ETH holdings increased to 873,000 units (an increase of approximately 3,000 units compared to the end of March), with crypto asset valuation reaching approximately $1.7 billion. Since the launch of the ETH Treasury Strategy in June 2025, ETH Concentration has risen from 2.0 to 4.02, with cumulative staking and on-chain earnings reaching 18,800 ETH. Q1 revenue grew year-over-year to $12.1 million.