Welcome to our dedicated page for Sharplink SEC filings (Ticker: SBET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SharpLink Gaming, Inc. (Nasdaq: SBET) SEC filings page on Stock Titan provides streamlined access to the company’s official U.S. Securities and Exchange Commission disclosures, together with AI-powered summaries to help interpret complex documents. As a Delaware-incorporated issuer listed on The Nasdaq Stock Market, SharpLink files current reports on Form 8‑K, as well as quarterly and annual reports that detail its financial condition, ETH treasury activities and corporate governance.
SharpLink’s recent 8‑K filings cover a range of topics that are central to its Digital Asset Treasury focus. These include ETH updates describing aggregate ETH holdings, the split between native ETH and as‑if redeemed liquid staking ("LsETH"), and total staking rewards generated since the launch of its ETH treasury strategy on June 2, 2025. Other 8‑K filings discuss the company’s 2025 share repurchase program and actual stock buybacks, a registered direct offering of common stock and related premium purchase contracts intended to fund additional ETH acquisitions, and amendments to its certificate of incorporation to increase authorized common shares.
Corporate governance and leadership changes are also documented in SharpLink’s SEC filings. For example, an 8‑K filed in December 2025 describes a leadership transition involving the departure of a former Co‑Chief Executive Officer and President, a separation agreement, and the appointment of Joseph Chalom as Chief Executive Officer, President, Principal Executive Officer and director. Another 8‑K details amendments to the company’s bylaws to align with the Delaware General Corporation Law and to clarify stockholder and board procedures.
On this page, users can review SharpLink’s 8‑K and 8‑K/A filings, along with other reports, while AI-generated highlights point out key items such as ETH treasury disclosures, capital raising transactions, share repurchase authorizations, charter and bylaw amendments, and management changes. This helps investors and analysts quickly identify the portions of each filing that relate to SharpLink’s ETH strategy, capital structure and governance without reading every line of the underlying documents.
Sharplink, Inc. reported first-quarter 2026 results showing ETH-driven growth alongside significant accounting losses. Total revenue rose to $12.1 million, up from $0.7 million a year earlier, mainly from its actively managed Ethereum treasury and staking operations.
Despite higher revenue, Sharplink recorded a net loss of $685.6 million, largely due to a $506.7 million unrealized loss on crypto assets and a $191.7 million impairment on LsETH under U.S. GAAP rules. These charges do not reduce the number of ETH held, and the company’s crypto assets totaled about $1.7 billion as of March 31, 2026.
Sharplink’s ETH holdings were 870,821 ETH as of March 31, 2026 and increased to 872,984 ETH as of May 4, 2026. The company also highlighted its ETH per share metric doubling to 4.02 since launching its Ethereum treasury strategy in June 2025.
Separately, Sharplink and Galaxy Digital signed a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund, targeting $125 million in commitments, including $100 million from Sharplink’s staked Ethereum treasury and $25 million from Galaxy, to pursue institutional onchain yield strategies.
Sharplink, Inc. reported a net loss of $685.6 million for the quarter ended March 31, 2026, largely driven by crypto-related fair value and impairment charges. The company’s ETH-focused treasury strategy generated staking revenue of $11.5 million and affiliate marketing revenue of $0.6 million.
Unrealized losses on crypto assets at fair value totaled $506.7 million, and impairment on liquid staking tokens added another $191.7 million of expense. Total crypto assets were reported at $1.24 billion at fair value and $486.9 million at cost. Stockholders’ equity declined to $1.74 billion, with an accumulated deficit of $1.50 billion. Cash was $16.9 million, down from $28.5 million at year-end.
Sharplink, Inc. has a major shareholder group led by Joseph Michael Lubin updating its ownership after warrant exercises and estate-planning moves. Lubin now beneficially owns 16,543,084 shares of common stock, representing 7.8% of the class, based on 212,430,992 assumed shares outstanding.
His holdings include 5,154,213 shares held directly and additional shares through entities such as Consensys Software Inc., Consensys AG, Permanent Highest Power Capital LLC and Ethereal Ventures Fund II L.P. On April 15, 2026, Lubin contributed pre-funded warrants for 1,200,000 shares to PHPC LLC and then gifted PHPC’s interests to the Gradient Ascent Trust but retains beneficial ownership as PHPC’s sole manager.
That same day, CSI exercised 5,462,952 pre-funded warrants, while Lubin and PHPC exercised 5,154,213 and 1,200,000 pre-funded warrants, respectively. Lubin and CSI intend to work with Sharplink on its Ethereum Treasury Strategy, while the other reporting entities do not currently plan a direct role in the company’s business or capital structure.
Sharplink, Inc. director-related entities restructured their position by exercising pre-funded warrants into Common Stock and reallocating those warrants among affiliated vehicles. On April 15, 2026, Consensys Software, Inc. exercised pre-funded warrants to receive 3,966,340 shares of Common Stock at an exercise price of $0.0001 per share, and held a total of 5,676,952 shares indirectly associated with director Joseph Michael Lubin.
On the same date, Lubin held 5,154,213 shares of Common Stock directly after exercising pre-funded warrants, and Permanent Highest Power Capital LLC, a family-related entity, held 1,200,000 shares following its exercises. Additional indirect holdings include shares held by ConsenSys AG and Ethereal Ventures Fund II L.P. The filing notes that Lubin disclaims beneficial ownership of most entity-held securities except to the extent of his pecuniary interest.
The transactions also include 2,400,000 pre-funded warrants transferred as bona fide gifts, and all reported pre-funded warrants at an exercise price of $0.0001 per share were exercisable until fully used. No remaining derivative positions are shown after these exercises, indicating a shift from warrant-based exposure to Common Stock held directly and through affiliated entities.
Sharplink, Inc. held its 2026 annual meeting of stockholders via webcast, with 109,754,580 common shares represented, or about 55.66% of the 197,161,623 shares outstanding as of the March 6, 2026 record date, establishing a quorum.
Stockholders elected Joseph Lubin, Joseph Chalom, Leslie Bernhard, Obie McKenzie, and Robert Gutkowski as directors for one-year terms. They also ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026, and approved, on an advisory and non-binding basis, the compensation of the company’s named executive officers.
Sharplink, Inc. has mutually agreed to end its external Ethereum asset management arrangements with Galaxy Digital Capital Management LP and ParaFi Capital LP. The asset management agreements, originally signed on May 30, 2025, will terminate effective May 31, 2026, with no termination fees or penalties.
After termination, neither side will have ongoing obligations beyond amounts set in the termination agreements. Sharplink notes the decision reflects its evolution, including adding internal asset management personnel, and states it did not arise from any disagreement with Galaxy or ParaFi.
Sharplink, Inc. Chief Financial Officer Robert Michael DeLucia reported equity compensation activity in the company’s common stock. On March 31, 2026, he acquired 10,904 shares at no cost upon vesting of restricted stock units granted on March 19, 2025.
On the same date, he sold 2,848 shares at $6.2135 per share to satisfy tax withholding obligations related to this award, as described in the footnotes. Following these transactions, he directly holds 93,098 shares of Sharplink common stock.
Sharplink, Inc. calls a virtual-only 2026 Annual Meeting on April 10, 2026, asking stockholders to elect five directors, ratify KPMG LLP as auditor for 2026, and approve an advisory say‑on‑pay vote for executive compensation. Stockholders of record on March 6, 2026, when 197,161,623 common shares were outstanding, may vote.
The proxy describes Sharplink’s 2025 pivot into institutional‑grade ETH treasury management. The company reports becoming the world’s second‑largest publicly traded holder of ETH, with over 869,000 ETH as of March 2026, and raising about $3.2 billion in 2025 via at‑the‑market equity, registered directs and institutional offerings. Management states it has staked nearly all ETH holdings, enhanced internal controls and reporting, and completed a rebrand with a real‑time ETH and staking dashboard.
Institutional ownership of common stock increased from roughly 6% before the treasury strategy launch to 46% as of December 31, 2025. The proxy also outlines board structure, committee responsibilities, related‑party arrangements with Consensys, a move from Cherry Bekaert to KPMG as auditor, and the company’s clawback, insider trading and governance policies.
Sharplink, Inc. reported full-year 2025 results highlighting a major shift into an Ethereum-focused treasury model. The company raised approximately $3.2 billion in capital and accumulated 868,699 ETH holdings as of March 1, 2026, aiming to compound ETH per share over time.
For 2025, Sharplink generated $28.1 million in revenue, up from $3.7 million in 2024, with Q4 2025 staking revenue of $15.3 million, nearly 50% above Q3’s $10.3 million. The company ended the year with $28.5 million in cash and $1.9 million in USDC.
GAAP results showed a $734.6 million net loss versus $10.1 million net income in 2024, largely from a $616.2 million unrealized loss on ETH and a $140.2 million LsETH impairment, partly offset by $55.2 million in net realized gains. Management emphasized these non-cash charges do not reduce ETH units held and reiterated a 2026 strategy focused on growing ETH per share, generating yield above native staking rates, and expanding Ethereum ecosystem partnerships.