Deep Tide TechFlow News, November 12th, according to an official announcement, the ETH treasury company SharpLink Gaming (SBET), listed on the US stock market, announced its Q3 2025 financial report. The company’s net profit surged to approximately $104.3 million, with earnings per share of $0.62, compared to a net loss of $885,000 in the same period last year.
As of September 30th, SharpLink held approximately 817,700 ETH, which increased to 861,250 ETH by November 9th. Total revenue for the third quarter was about $10.8 million, a year-over-year increase of over 1100%. The company’s total crypto assets are valued at approximately $3 billion, with $11.1 million in cash and $26.7 million in USDC stablecoin.
Operationally, the board approved a $1.5 billion share repurchase plan, having repurchased 1.938 million shares at a cost of $31.6 million. The company also announced it will deploy $200 million worth of ETH on Consensys’s Linea Layer 2 network, utilizing ether.fi and EigenCloud to enhance yields. Co-CEO Joseph Chalom stated that the company’s ETH per share ratio has increased from 2.0 to 4.0.
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