来源：市场资讯 （来源：吴说） 吴说获悉，Sharplink（Nasdaq: SBET）宣布，截至 2025 年 12 月 31 日机构持股比例达 46%；第四季度 新增约 60 家机构投资者。截至 2026 年 2 月 15 日，公司持有 867,798 枚 ETH（价值约 17.2 亿美元）； 自 2025 年 6 月起质押产生 13,615 枚 ETH 奖励，全部归属股东。 ...

MIAMI, FL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) (“Sharplink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced record level institutional ownership of its common stock. According to the latest available Form 13F filings, institutional ownership of Sharplink’s common stock has grown to 46% as of December 31, 2025. The Company’s institutional investor base is now one of the largest ...

Core Insights - Sharplink (SBET) has transitioned from an online affiliate marketing company to one of the largest digital asset treasury companies (DATCOs) in the market [1] Company Strategy - The treasury strategy of SBET was announced in June of the previous year, indicating a focused approach towards digital asset management [1]

Core Viewpoint - Sharplink, Inc. has officially changed its corporate name from SharpLink Gaming, Inc. to reflect its strategic evolution and focus on Ethereum adoption [1][2]. Company Overview - Sharplink, Inc. is one of the largest publicly traded companies holding Ether (ETH) as its primary treasury reserve asset, aligning with the future of digital capital and providing investors with direct exposure to Ethereum [3]. Name Change Details - The name change was executed through an amendment to the Company's Amended and Restated Certificate of Incorporation, filed with the Secretary of State of Delaware, and does not affect its business operations, capitalization, board of directors, or executive leadership [2].

Company Overview - SharpLink Gaming, Inc. (NASDAQ:SBET) is an online performance-based marketing company that operates in the US sports betting and global iGaming industries, focusing on driving qualified traffic, player acquisitions, retention, and conversions through its PAS.net affiliate network [4] Analyst Ratings - Gautam Chhugani from Bernstein reiterated a Buy rating on SharpLink Gaming with a price target of $24 on January 12 [1] - Brian Kinstlinger from Alliance Global also maintained a Buy rating but reduced the price target from $48 to $20 on January 7 [1] - Cantor Fitzgerald analyst Brett Knoblauch initiated coverage with a Buy rating and a price target of $15, highlighting the company's management expertise in crypto and the Ethereum ecosystem [3] Cryptocurrency Holdings - SharpLink Gaming currently holds 864,402 Ethereum, valued at approximately $2.9 billion [2] - The price of Ethereum has decreased by around 30% since the last update, prompting a reduction in the price target by Alliance Global [2]

Core Insights - Sharplink Gaming Inc. is positioning itself in the cryptocurrency treasury space, with CEO Joseph Chalom acknowledging Michael Saylor's influence in establishing benchmarks for publicly-listed cryptocurrency treasury firms [1][2] Group 1: Leadership and Strategy - Chalom credits Saylor for demonstrating the durability of a digital asset treasury firm over multiple years, particularly through his leadership at Strategy Inc., the largest Bitcoin treasury company [2] - Sharplink's approach is distinct from Saylor's, focusing on Ethereum-centric operations rather than Bitcoin [2] Group 2: Ethereum's Unique Value Proposition - Chalom describes Ethereum as a "generational opportunity," emphasizing its productive and programmable nature, which offers technological advantages not available with other asset treasuries [3] Group 3: Financial Moves and Holdings - Sharplink has allocated $170 million worth of ETH into yield-generating strategies, including staking and restaking on the Linea network, aiming to generate income from corporate treasury assets [4] - The company holds 865,797 ETH, valued at nearly $2.5 billion, making it the second-largest ETH treasury firm globally [5] - Since launching its ETH-focused strategy on June 2, 2025, Sharplink has earned 11,614 ETH in staking rewards [5] Group 4: Financial Performance - Sharplink reported an unrealized loss of $580.59 million on its ETH holdings, indicating challenges in its current financial performance [6]

Company Performance - SharpLink Gaming Inc. (NASDAQ:SBET) experienced a decline of 9.59% on Tuesday, closing at $9.94 per share, reflecting broader market sentiments amid ongoing trade tensions between the US and the EU [1] - The company has transitioned from a traditional online gaming and sports betting entity to a significant holder of Ethereum, with total ETH holdings of 639,241 and 224,183 ETH locked in staked form as of December 14, 2025 [3] Leadership Changes - SharpLink Gaming Inc. appointed Joseph Chalom as its sole chief executive officer following the resignation of Rob Phythian as co-CEO [4] Market Context - The global markets, including cryptocurrencies like Bitcoin and Ethereum, have been unsettled due to uncertainties stemming from trade tensions, leading investors to adopt a wait-and-see approach [3] - President Donald Trump has threatened to impose tariffs on goods from eight countries, which could escalate to 25% if no agreement is reached, prompting potential retaliatory measures from the EU amounting to $108 billion in levies on American goods [2]

Group 1 - The decline in Bitcoin prices has negatively impacted cryptocurrency-related stocks, with significant drops observed in companies like Strategy, SharpLink Gaming, and MARA Holdings, which fell more than the broader market [1][2] - Bitcoin's price fell below $90,000, reaching a low of $89,281, while Ethereum dropped below $3,000, leading to increased trading activity with a 14% rise in Bitcoin's 24-hour trading volume to $68.6 billion [1] - The market is experiencing heightened volatility due to the recent geopolitical uncertainties, particularly related to Trump's tariff proposals, which add pressure to the already fragile market conditions [2] Group 2 - Strategy announced a $2.1 billion investment to increase its Bitcoin holdings, yet its stock price fell over 6% to $160.23 after opening [2] - SharpLink Gaming's stock dropped by 9.59% to $9.945, despite holding approximately $2.4 billion in Ethereum, which the CEO referred to as "permanent capital" [2] - MARA Holdings' stock decreased by 8.71% to $10.37, following a recent agreement with MPLX for natural gas supply to its Texas data center [2] Group 3 - Analysts suggest that the decline in Bitcoin prices tends to have a more pronounced effect on mining companies' stock prices, indicating that the current drop is more of a consolidation phase rather than a free-fall [3] - The psychological support level at $90,000 is critical; failure to maintain this level could lead to a potential test of the $85,000 mark [3]

Group 1 - The decline in Bitcoin prices has negatively impacted cryptocurrency-related stocks, with significant drops observed in companies like Strategy, SharpLink Gaming, and MARA Holdings, which fell more than the broader market [1][2] - Bitcoin's price fell below $90,000, reaching a low of $89,281, while Ethereum dropped below $3,000, leading to increased trading activity with a 14% rise in Bitcoin's 24-hour trading volume to $68.6 billion [1] - The market is also reacting to geopolitical uncertainties, particularly related to tariffs proposed by former President Trump, which adds pressure to the already volatile environment [2] Group 2 - Strategy announced a $2.1 billion investment in Bitcoin but still saw its stock price drop over 6% to close at $160.23 [2] - SharpLink Gaming's stock fell by 9.59% to $9.945, despite holding approximately $2.4 billion in Ethereum, which the CEO described as "permanent capital" [2] - MARA Holdings experienced an 8.71% decline in stock price to $10.37, despite plans to supply natural gas for its Texas data center [2] Group 3 - Analysts suggest that the drop in Bitcoin prices tends to have a more significant impact on mining companies' stock prices, indicating that the current decline may not signal a "free-fall" but rather a consolidation phase [3] - The psychological support level at $90,000 is crucial, as failure to maintain this level could lead to a potential test of the $85,000 mark [3]

Core Insights - SharpLink Gaming aims to pioneer the productive use of Ethereum (ETH) by digital asset treasuries in 2026, having accumulated over 865,000 ETH worth approximately $2.75 billion since implementing its treasury strategy last May [1][3] - The firm has deployed $170 million in ETH for staking rewards on the layer-2 network, Linea, and plans to continue leveraging its treasury for various staking strategies [1][4] Group 1: Company Strategy - SharpLink's CEO Joseph Chalom emphasized the need for 2026 to be a year of productivity for digital asset treasuries, following their initial accumulation phase in 2025 [2] - The firm possesses nearly $3 billion in what is termed 'permanent capital,' allowing it to pursue long-term staking opportunities that are not accessible to short-term investors [3] - SharpLink is currently staking $170 million on Linea while also utilizing other protocols to earn yield on nearly all of its assets [4] Group 2: Financial Flexibility - The company plans to maintain financial flexibility by diversifying its staking strategies, including native staking, restaking, and liquid restaking tokens, while keeping a portion of its portfolio for opportunistic investments [4] - SharpLink may act as a lender in the future, providing financing or liquidity to other protocols in need [4] Group 3: Market Performance - The yields from staking ETH are expected to help the firm navigate crypto market volatility, with the stock price benefiting from ETH price increases and presenting buying opportunities during downturns [5][6] - Shares of SharpLink (SBET) rose 2.7% to $10.53 on Tuesday, although they have fallen approximately 51% over the past six months, while ETH recently traded at $3,206, up 3% in the last 24 hours [6]