SharpLink Records a Net Loss of Approximately 116 Billion Yen for Fiscal Year 2025

SharpLink, listed on the US NASDAQ, officially announced its full-year performance for the fiscal year ending December 2025 on March 9. Based on US GAAP (Generally Accepted Accounting Principles), the net loss reached $734.6 million (approximately 116 billion yen), a significant downturn from the previous year's net profit of $10.1 million. The breakdown of losses includes unrealized valuation losses of $616.2 million due to the latter half's decline in ETH prices and an impairment of $140.2 million on liquid staking ETH (LsETH), with ETH sales...