Total Staking Rewards Increase to 722 ETH As of July 27, 2025 Forward-Looking Statement * To enhance transparency into the Company's yield performance, SharpLink introduced a new reporting metric called "ETH Concentration." This metric is calculated by dividing the number of ETH SharpLink holds by each 1,000 assumed diluted shares issued and outstanding ("Assumed Diluted Shares Outstanding"). Assumed Diluted Shares Outstanding represents the sum of (i) SharpLink's actual shares of common stock issued and ou ...

ETH Holdings - Sharplink (SBET) holds $1670 million (16.7 亿) worth of ETH, approximately 430,000 ETH [1] - Sharplink Gaming's ETH holdings increased to $1700 million (17 亿) after acquiring an additional $295 million (2.95 亿) of ETH [1] Valuation - Sharplink's market cap is $2090 million (20.9 亿), indicating a trading value of approximately 1.25x NAV (Net Asset Value) [1] - The 1.25x NAV is considered a low point for Sharplink recently [1] Market Speculation - There is speculation about whether SBET will become the "MSTR of ETH," implying a comparison to MicroStrategy's strategy of holding Bitcoin [2] - The current market cap figure may not account for newly issued shares [1]

$15,000 ETHEREUM now that BlackRock is here.SharpLink (SBET) (@SharpLinkGaming):NEW: Joseph Chalom, former Head of Digital Assets Strategy @BlackRock, joins SharpLink as Co-CEOAfter two decades at BlackRock, where he helped launch IBIT ($87B+ AUM), ETHA ($10B+ AUM), and BUIDL (the first tokenized Treasury fund on Ethereum), @joechalom is now joining https://t.co/utOa76AhwE ...

Core Insights - SharpLink Gaming, Inc. has appointed Joseph Chalom, a former senior executive at BlackRock, as its new Co-CEO, effective July 24, 2025, bringing significant experience in digital finance and institutional adoption of digital assets [3][4][5] - Chalom's leadership is expected to enhance SharpLink's strategy in aligning with the Ethereum ecosystem, which is seen as a transformative opportunity for the company's future [6][10] Company Overview - SharpLink Gaming, Inc. is recognized as one of the largest corporate holders of Ether (ETH) and is a prominent advocate for Ethereum adoption [3][10] - The company has adopted Ether as its primary treasury reserve asset, providing investors with direct exposure to Ethereum, the second-largest digital asset [10][11] - SharpLink is focused on innovating the online gaming industry by developing scalable, secure, and transparent solutions [11] Leadership Transition - Rob Phythian, the current CEO, will transition to the role of President and remain on the Board of Directors [4] - Joseph Chalom has a distinguished 20-year career at BlackRock, where he held multiple senior leadership roles and was instrumental in the firm's entry into digital assets [7][8] Strategic Vision - Chalom's appointment is viewed as a validation of SharpLink's ETH treasury strategy and its vision for Ethereum's role in the digital economy [5][6] - The company aims to leverage Ethereum's unique value proposition to drive innovation in financial technologies [6]

Company Overview - SharpLink Gaming, Inc. is one of the world's largest corporate holders of Ether (ETH) and a prominent advocate for Ethereum adoption [1][8] - The company is headquartered in Minneapolis, Minnesota, and is publicly traded on Nasdaq under the ticker SBET [8] Leadership Changes - Joseph Chalom, a former senior executive at BlackRock, has been appointed as the new Co-Chief Executive Officer of SharpLink, effective July 24, 2025 [1] - Rob Phythian, the current CEO, will transition to the role of President and remain on the Board of Directors [2] Strategic Vision - Joseph Chalom's appointment is seen as a validation of SharpLink's ETH treasury strategy and its vision for Ethereum to drive transformative change in the digital economy [3] - Chalom expressed enthusiasm for shaping the future of financial infrastructure and decentralized finance, aligning SharpLink's strategic direction with the Ethereum ecosystem [4] Chalom's Background - Chalom has over 20 years of experience at BlackRock, where he led digital finance innovations and was instrumental in launching the iShares Ethereum Trust (ETHA), which has over $10 billion in assets [1][5] - He held multiple senior leadership roles at BlackRock, including interim Deputy Chief Operating Officer and Chief Operating Officer of BlackRock Solutions [6] Industry Position - SharpLink is positioned as a leader in the online gaming sector, aiming to innovate and challenge outdated models through scalable, secure, and transparent solutions [9]

Core Insights - Ethereum's price has surged by 110% over the past three months, driven by optimism surrounding the Genius Act, which establishes a framework for stablecoins in the U.S. [1] - Institutional accumulation, particularly by companies adding Ethereum to their corporate treasuries, is a significant factor in this rally [2][12] Company Actions - SharpLink Gaming has purchased 74,656 Ethereum coins, increasing its total holdings to 280,706, valued at over $1 billion [2] - SharpLink's strategy includes developing an Ethereum treasury and appointing Joseph Lubin, a co-founder of Ethereum, as chairman [5] - The company raised approximately $425 million through a private investment in public equity (PIPE) funding round and an additional $64 million in at-the-market (ATM) sales to fund its Ethereum purchases [5] Industry Trends - There is a growing trend of companies adding Ethereum to their treasuries, with SharpLink being a pioneer in this movement [6][8] - Other companies, such as Bit Digital, BitMine, and GameSquare, have also begun acquiring Ethereum [8] - The SEC's clarification that staking cryptos are not automatically securities has encouraged companies to acquire Ethereum, potentially boosting prices [8] Market Dynamics - The ability to stake Ethereum provides companies with a way to generate returns without solely relying on price increases, adding stability to their investments [9] - Staking Ethereum contributes to network security, as it involves locking tokens to validate transactions, making the network more resistant to attacks [11] - Analysts suggest that SharpLink's acquisition and staking strategy may serve as a template for other companies, indicating a potential shift in corporate investment strategies [13]

The company immediately went back into the market, and has been steadily buying more Ethereum throughout July. In fact, it just announced that it will now buy $6 billion worth of Ethereum, a mammoth increase from the $1 billion originally proposed. The ultimate goal is to build its treasury to 1 million. Currently, the company holds over 280,000 tokens in its treasury, easily making it the largest corporate holder of Ethereum in the world. It even holds more Ethereum than the Ethereum Foundation. If it mana ...

Company Applauds Signing of Genius Act into Law by President Trump MINNEAPOLIS, MN, July 22, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) ("SharpLink" or the "Company"), the world's largest corporate holder of Ether ("ETH") as its primary treasury reserve asset, today issued its weekly update on the Company's ETH holdings and capital raised through its At- The-Market ("ATM") facility during the week Monday, July 14, 2025 through Sunday, July 20, 2025. Key Highlights for the Week Ending Jul ...

MINNEAPOLIS, MN, July 22, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) ("SharpLink" or the "Company"), the world's largest corporate holder of Ether ("ETH") as its primary treasury reserve asset, today issued its weekly update on the Company's ETH holdings and capital raised through its At- The-Market ("ATM") facility during the week Monday, July 14, 2025 through Sunday, July 20, 2025. Key Highlights for the Week Ending July 20, 2025: Company Applauds Signing of Genius Act into Law by Pres ...

Core Insights - Small companies are adopting Ether as part of their balance sheets to enhance stock market valuations, with notable success [1] - SharpLink Gaming has seen a 150% increase in shares over the past 30 days, indicating strong market interest in this strategy [2] - SharpLink Gaming has become the largest corporate holder of Ether, with 280,706 coins valued at approximately $960 million, surpassing the Ethereum Foundation [3] - The company raised over $400 million for Ether purchases and has more than $250 million available for future acquisitions [4] - The Ethereum treasury company model mirrors the Bitcoin treasury model pioneered by MicroStrategy, focusing on capital market funding for crypto purchases [5] - Ethereum's price has increased by 7% in 2025, while Bitcoin has risen by 30%, raising questions about Ethereum's future performance [6] - A few publicly traded companies, including Bitmine Immersion Technologies and Bit Digital, have also adopted this treasury model [7] - The lower price of Ether at $3,600 makes it easier for small-cap companies to raise funds compared to Bitcoin's price of around $120,000 [9] Company Strategies - SharpLink Gaming's pivot to investing in Ethereum has revitalized its stock price after a period of stagnation [10] - Bitmine Immersion Technologies has a notable figure, Tom Lee, as its chairman, which may enhance its ability to attract investors [11] - Concerns exist regarding the rationale behind Bitcoin mining companies like Bitmine and Bit Digital investing in Ether, questioning their commitment to the Ethereum model [12]