SharpLink Authorizes $1.5 Billion Stock Buyback Program

Core Viewpoint - SharpLink Gaming, Inc. has announced a stock repurchase program of up to $1.5 billion to enhance market support and optimize capital allocation [1][2]. Company Overview - SharpLink Gaming, Inc. is one of the largest corporate holders of Ether (ETH) and advocates for Ethereum adoption, aligning its treasury strategy with digital capital [1][3]. - The company is headquartered in Minneapolis, Minnesota, and is publicly traded on Nasdaq under the ticker SBET [3]. Stock Repurchase Program - The stock buyback program is intended to provide flexibility for the company to act decisively when its stock trades at or below the net asset value of its ETH holdings [2]. - Repurchases may occur through open market purchases, privately negotiated transactions, or other means permitted under applicable securities laws, depending on market conditions [2]. - The company is not obligated to repurchase a specific number of shares, and the program may be suspended or discontinued at any time [2]. Strategic Vision - SharpLink is focused on reimagining the future of online gaming by building scalable, secure, and transparent solutions that innovate the user experience [4].