PANews reported on May 11th that, according to GLOBE NEWSWIRE, Sharplink released its Q1 2026 financial report. The company's total revenue for Q1 was $12.058 million, of which $11.501 million came from ETH staking and $557,000 from affiliate marketing. Due to ETH market price fluctuations and accounting treatment, the company recorded $507 million in unrealized losses on crypto assets measured at fair value and $192 million in impairment losses on assets measured at cost, resulting in a net loss of $686 million for the quarter. As of March 31st, the company held approximately $1.7 billion in crypto assets, $16.875 million in cash, and approximately 870,000 ETH (including LsETH and weETH conversions).