SharpLink's ETH Holdings Increase to 360,807 as of July, 20, 2025; Generated 567 ETH in Staking Rewards Since Treasury Strategy Launch on June 2, 2025

Core Insights - SharpLink Gaming, Inc. has reported a significant increase in its Ether (ETH) holdings, reaching 360,807 ETH, which is a 29% increase from the previous week [7] - The company purchased 79,949 ETH during the week, marking the highest weekly acquisition in its historical reporting [7] - The average purchase price for ETH during this period was $3,238, with an ETH concentration increase to 3.06, up 53% since the launch of its digital treasury strategy [7] Weekly ETH and Capital Summary - Beginning balance of ETH was 206,000 units, ending balance rose to 360,800 units [3] - Total ETH acquired during the week was 79,900 units, with staking rewards of 0.2 units [3] - The company issued 3.8 million ATM shares, generating net proceeds of $96.6 million [3] Commentary on the Genius Act - The signing of the Genius Act into law is seen as a pivotal moment for the digital asset and blockchain industries, providing a clear regulatory framework [5] - This legislation is expected to foster innovation, investment, and institutional adoption, aligning with SharpLink's growth strategies [5][6] - The regulatory clarity is anticipated to enhance the operational environment for companies like SharpLink, allowing them to leverage Ethereum's capabilities [6] Strategic Focus - SharpLink aims to strategically utilize its ATM facility to enhance its ETH treasury, supporting long-term growth objectives [4] - The company is focused on transforming the iGaming industry by leveraging blockchain technologies, aiming to create a more dynamic and equitable ecosystem [9] - The firm is positioned as a leader in the digital capital space, providing investors with direct exposure to Ethereum [8]