Ethereum-Focused Firm SharpLink Reports Massive $686 Million Loss

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SharpLink (SBET), the publicly traded firm with a massive Ethereum treasury, announced that during Q1 2026 it lost the sum of $685.6 million. In this regard, its CEO, Joseph Shalom, stated that at least $507 million corresponds to unrealized losses due to ETH market conditions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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