SharpLink's ETH Holdings Climb to 438,190 as of July 27, 2025; Raised $279.2 Million in ATM Net Proceeds For Week of July 21-25, 2025

Core Insights - SharpLink Gaming, Inc. has significantly increased its Ether (ETH) holdings and staking rewards, reflecting its commitment to Ethereum adoption and digital asset investment [2][6]. Weekly ETH and Capital Summary - As of July 27, 2025, SharpLink's ETH holdings rose to 438,190, an increase of 21% from the previous week [6]. - The company acquired 77,209.58 ETH during the week, maintaining an aggressive acquisition strategy [6]. - The average purchase price for ETH during the week was $3,756 [6]. - Cumulative staking rewards reached 722 ETH since the launch of the treasury strategy on June 2, 2025 [6]. - The ETH concentration metric increased to 3.40, up 70% since the launch of the treasury strategy [6]. Leadership Changes - Joseph Chalom, a former BlackRock digital asset pioneer, joined SharpLink as Co-Chief Executive Officer on July 24, 2025 [4][5]. - Chalom expressed enthusiasm for shaping the future of financial infrastructure and decentralized finance through SharpLink's alignment with the Ethereum ecosystem [5]. Capital Raising Activities - SharpLink raised $279.2 million in net proceeds through its At-the-Market (ATM) facility during the week ending July 25, 2025 [6]. - The company issued 10.8 million shares through the ATM facility during the same period [6].