Sharplink posted a $394M Q2 loss as ether prices fell, but staking income grew and its ethereum treasury kept expanding.
The fund would keep 85% of gross staking rewards, with the remaining 15% going to service providers.
ETH holds key support near $1,800 as a whale buys $93.6 million while record staking faces a reward cut under EIP-8363.
Ethereum co-founder Vitalik Buterin has shared a comparison between Ethereum's earlier roadmap and a newer L1 “Strawmap,” highlighting privacy and quantum safety as higher-priority research areas.
At press time, Ethereum is changing hands at $1,887.04, registering a 24-hour trading volume of $8.05 billion alongside a market capitalization of $227.73 billion.
Sharplink reported a $394.3 million second-quarter loss as falling ether prices triggered more than $397 million in unrealized losses and impairments. Still, staking generated $11.2 million in revenue as the company continued building one of the largest corporate ETH treasuries.
Ethereum price action remains compressed as ETH continues consolidating below the $1,900 level following its recovery from Junes lows. At around $1,880, Ethereum is trading slightly above its short-term moving average near $1,875 but remains below key resistance at approximately $1,922.
Record ETH staking faces a potential shift as EIP-8363 proposes lower rewards, putting institutional staking returns under scrutiny.
BitMine Immersion Technologies has added another 7,391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH.
SharpLink reported a $394.3 million net loss for the second quarter of 2026, with the result driven largely by non-cash Ethereum revaluation losses and liquid staking token impairment charges.
Ethereum's accelerated accumulation signals institutional confidence in its long-term value, despite hedging against potential short-term volatility. Ethereum buyers accumulate at 7x normal pace ahead of US CPI report.
Moonwell's ongoing remediation highlights the critical need for robust governance and oracle accuracy in DeFi to prevent costly mishaps. cbETH remediation reaches third round as Moonwell distributes 147 ETH to affected users.