According to CoinMeta, Sharplink reports that despite incurring a loss of $394.3 million in the second quarter, mainly due to unrealized losses and impairments amounting to over $397 million caused by the decline in Ethereum prices, its staking business still generated revenue of $11.2 million. Sharplink continues to build its largest enterprise Ethereum treasury, currently holding 888,938 ETH, further deepening its aggressive Ethereum treasury strategy.