Core Viewpoint - SharpLink Gaming, Inc. has strategically increased its Ethereum holdings and is positioning itself as a leader in the digital economy by embedding Ethereum into its capital strategy [1][3][7] Group 1: Ethereum Holdings and Financial Strategy - SharpLink has increased its total Ethereum holdings to 198,167 ETH, acquiring an additional 9,468 ETH for $22,825,734 at a weighted average price of $2,411 per ETH during June 23-27, 2025 [1] - The company raised approximately $24.4 million in net proceeds through its At-The-Market facility by selling 2,525,637 shares, with a majority of the proceeds aimed at further increasing its ETH treasury holdings [2] - As of June 30, 2025, 100% of SharpLink's ETH reserves have been deployed in staking protocols, earning 102 ETH in rewards during June 21-27, 2025 [3] Group 2: New Reporting Metrics and Performance - SharpLink introduced a new reporting metric called "ETH Concentration," calculated by dividing the number of ETH held by 1,000 assumed diluted shares outstanding [4] - The initial ETH Concentration was 2.00 ETH and has increased by 17.7% to 2.35 ETH as of June 27, 2025 [5] Group 3: Investor Relations and Strategic Partnerships - SharpLink has engaged Elevate IR as its investor relations agency to develop a comprehensive communications strategy tailored to the company's evolving priorities [6] - The CEO emphasized that Ethereum is not just a treasury asset but a foundational element for the next generation of capital management and online gaming infrastructure [7] Group 4: Industry Positioning and Future Vision - SharpLink aims to transform the multi-billion-dollar iGaming industry into a more dynamic and equitable ecosystem by leveraging smart contracts, DeFi protocols, and Web3 infrastructure [8]
CORRECTION: SharpLink Gaming Increases ETH Treasury Holdings to 198,167; Staking Rewards Yield 222 ETH Since June 2, 2025