Overview
- The company confirmed Tuesday that it will be added to the Russell 2000 and Russell 3000 when U.S. markets open on June 29, 2026, a change that requires index-tracking funds to buy the stock.
- Sharplink holds roughly 872,000–875,000 ETH, making it one of the largest public corporate Ether treasuries and tying its market value closely to Ethereum’s price moves.
- In Q1 2026 the firm reported $12.1 million in revenue and a net loss of $685.6 million driven mainly by non-cash impairments and unrealized declines on its ETH holdings, a result of fair-value accounting rules for crypto assets.
- On May 11 Sharplink and Galaxy Digital announced a proposed, non-binding $125 million Galaxy Sharplink Onchain Yield Fund that would deploy $100 million of Sharplink’s staked ETH and $25 million from Galaxy as a pilot for institutional on-chain yield.
- Inclusion joins a wave of crypto-treasury firms entering major indexes and could lift liquidity and institutional ownership for Sharplink while also increasing scrutiny of its balance-sheet volatility, the fate of the Galaxy fund, and the company’s ability to translate large on-chain holdings into reliable yield.