SharpLink Gaming's stock fell nearly 15% following the company's report of a $103 million net loss for Q2 2025, a stark contrast to a net income of $12 million during the same period last year. The firm attributed the poor performance to a significant non-cash impairment loss related to its Ethereum holdings and stock-based compensation linked to its advisory agreement with Consensys. Meanwhile, Ethereum's price dipped below $4,400, influenced by geopolitical uncertainties and unexpected U.S. economic data. SharpLink currently holds 728,804 ETH, valued at approximately $3.23 billion. The quarterly revenue dropped by 30% to $1.4 million, resulting in a gross profit of just $300,000, down 50% from the previous year.

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