SharpLink Announces Total ETH Holdings Increased to 797,704 as of August 24, 2025; Raised $360.9 Million in Net Proceeds for Week of August 18 - August 22, 2025

Core Insights - SharpLink Gaming, Inc. has significantly increased its Ether (ETH) holdings and staking rewards, demonstrating a strong commitment to Ethereum adoption and long-term value creation for shareholders [1][2][4] Weekly ETH and Capital Summary - As of August 24, 2025, SharpLink holds approximately 797,704 ETH, valued at around $3.7 billion, with total staking rewards reaching 1,799 ETH since the treasury strategy launch on June 2, 2025 [1][4] - The company acquired 56,533 ETH during the week ending August 24, 2025, with an average purchase price of $4,462 per ETH [3][4] - SharpLink raised $360.9 million in net proceeds through its At-the-Market (ATM) facility during the same week [3][4] Financial Position - The company has approximately $200 million in cash available for further ETH acquisitions, indicating strong liquidity [1][4] - The ETH concentration on a cash-converted basis exceeds 4.00, reflecting over a 100% increase since the treasury strategy's inception [4] Leadership Statement - Joseph Chalom, Co-CEO of SharpLink, emphasized the company's commitment to building long-term value while supporting the broader Ethereum ecosystem [2]