Sharplink, Inc. 8-K Filings

Sharplink, Inc. detailed recent capital moves centered on Ethereum and share repurchases. The company raised $75 million in a registered direct offering of common stock and warrants, then used part of the proceeds to buy 10,000 ETH for about $16.1 million at an average price of roughly $1,611 per ETH.

As of June 28, 2026, total ETH holdings were 886,725 ETH, including 632,719 native ETH, 181,299 ETH as-if redeemed from LsETH and 72,707 ETH as-if redeemed from weETH, most of which is deployed in staking. Under its 2025 share repurchase program of up to $1.5 billion, Sharplink repurchased 2,132,773 shares between June 24–26, 2026 at an average price of $4.69, bringing cumulative buybacks to 4,071,223 shares.

Sharplink, Inc. entered into a securities purchase agreement with an institutional investor for a registered direct offering of 10,013,351 common shares at $7.49 per share, raising approximately $75 million in gross proceeds. The investor also received 10,013,351 warrants with a per-share exercise price of $8.15, exercisable immediately for four years.

The company plans to use net proceeds primarily to acquire Ether (ETH) and for general working capital, including potential repurchases of its common stock under an existing buyback program. A.G.P./Alliance Global Partners acted as sole placement agent and will receive a 2.0% cash fee on aggregate gross proceeds. Sharplink highlights that the financing aligns with its Ethereum treasury strategy, while noting that ETH price volatility and evolving crypto regulation could materially affect its financial results.

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. 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. 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.

Sharplink, Inc. reported updated details on its Ethereum strategy and recent corporate developments. As of February 15, 2026, the company held 867,798 ETH, valued at approximately $1.72 billion, and has generated 13,615 ETH in staking rewards since launching its ETH treasury strategy in June 2025. Nearly all ETH holdings are deployed in staking, including liquid staking formats.

The company highlighted that institutional investors owned 46% of its common stock as of December 31, 2025, based on recent Form 13F filings. Sharplink also announced a brand refresh with a redesigned website and the tagline “Ethereum with an Edge,” and appointed veteran cryptocurrency journalist Steven Ehrlich as Head of Research and Communications to deepen engagement with retail and institutional audiences.

Sharplink, Inc. has changed its corporate name from “SharpLink Gaming, Inc.” to “Sharplink, Inc.” The amendment to its Certificate of Incorporation was filed on February 2, 2026 and became effective at 8:00 a.m. Eastern Standard Time on February 3, 2026.

The company also adopted Second Amended and Restated Bylaws on February 3, 2026 solely to reflect the new name. The board approved the change under Delaware law, stockholder approval was not required, and stockholder rights are unchanged. The company’s common stock will continue trading on Nasdaq under the ticker “SBET” with the same CUSIP number.

SharpLink Gaming, Inc. reports a leadership transition, governance updates, and an Ethereum treasury update. Former Co-Chief Executive Officer and President Rob Phythian left the company and its board effective December 15, 2025 under a separation agreement providing $1,980,000 in cash severance, a pro-rated $144,658 incentive for fiscal 2025, 18 months of subsidized health insurance, and accelerated vesting of multiple restricted stock unit awards.

Co-Chief Executive Officer Joseph Chalom has been appointed Chief Executive Officer, President, Principal Executive Officer, and a director. The board adopted amended and restated bylaws to align with recent Delaware corporate law changes and clarify stockholder nomination, meeting, consent, board vacancy, director removal, quorum, record date, indemnification and notice procedures. As of December 14, 2025, SharpLink held an aggregate 863,424 ETH, primarily deployed in staking, and had generated 9,241 ETH in staking rewards since launching its ETH treasury strategy on June 2, 2025, while noting that aspects of its staking activities may be subject to evolving government regulation.

SharpLink Gaming (SBET) filed an 8-K/A to amend a prior current report tied to its Q3 2025 results. The amendment updates information related to the amount of Ether the company holds as stated in the previously issued press release.

The updated press release is furnished as Exhibit 99.1 and, along with Item 2.02, is designated as “furnished” and not “filed” under the Exchange Act. The original quarter referenced is the period ended September 30, 2025.

SharpLink Gaming (SBET) furnished an 8-K announcing it issued a press release with financial results for the quarter ended September 30, 2025. The press release is included as Exhibit 99.1 and incorporated by reference. The company states that the information under Item 2.02 and Exhibit 99.1 is furnished, not filed under the Exchange Act, which limits associated liabilities. SharpLink’s common stock trades on Nasdaq under the symbol SBET.

SharpLink Gaming (SBET) reported a strategic treasury move. The company announced a plan to deploy $200 million of its Ether treasury on Consensys Software Inc.’s Linea, described as a way to access “enhanced Ethereum DeFi yield at scale.”

The announcement was made on October 28, 2025 and accompanied by a press release filed as Exhibit 99.1. This indicates a shift toward on-chain yield strategies using Linea’s Ethereum Layer-2 infrastructure. The update centers on treasury allocation and platform selection; it does not include operating results or guidance.

SharpLink Gaming (SBET) reported an update on its Ethereum strategy. From Oct 17–19, 2025, the company acquired 19,271 ETH for an aggregate purchase price of approximately $75,000,000 at a weighted average of $3,892 per ETH, using proceeds from a registered direct offering that closed on Oct 17, 2025.

As of Oct 19, 2025, SharpLink’s aggregate ETH holdings were 859,853 ETH, including 601,143 native ETH and 258,710 ETH as-if redeemed from liquid staking (LsETH). The company noted that substantially all ETH holdings were deployed in staking, including through liquid staking.

Since launching its ETH treasury strategy on Jun 2, 2025, SharpLink has generated 5,671 ETH in staking rewards, comprised of 2,237 native staking rewards and 3,434 as-if redeemed LsETH rewards. The company also noted that aspects of its staking activities may be subject to government regulation and guidance subject to change.

SharpLink Gaming (SBET) entered a securities purchase agreement for a registered direct offering of 4,500,000 common shares at $17.00, raising approximately $76.5 million in gross proceeds. The company intends to use net proceeds to acquire Ether (ETH) and for general working capital.

SharpLink also granted 90-day premium purchase contracts expiring on January 15, 2026 to buy up to an additional 4,500,000 shares at an exercise price of $17.50; if fully exercised, the company would receive approximately $78.8 million in additional gross proceeds. A.G.P./Alliance Global Partners is the sole placement agent and will receive a 2.0% cash fee on aggregate gross proceeds. The offering is expected to close on October 17, 2025 and was made via an effective Form S-3ASR shelf, using a prospectus dated May 30, 2025 and a prospectus supplement dated October 15, 2025.

SharpLink Gaming, Inc. reported that its stockholders approved an amendment to its Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock. The amendment raises authorized common stock from 500,000,000 to 2,500,000,000 shares and makes a corresponding change to authorized capital stock, effective at 4:15 p.m. Eastern Time on September 25, 2025.

At the virtual special meeting held on September 24, 2025, stockholders representing 81,092,892 shares of common stock, or approximately 44.67% of the voting power as of the August 22, 2025 record date, were present in person or by proxy. The proposal to increase authorized common shares received 67,572,364 votes for, 13,359,747 against, and 160,781 abstentions, resulting in approval of the amendment.

SharpLink Gaming, Inc. reported that it has entered into a partnership with Superstate to launch a tokenized version of its "SBET" brand on the Ethereum blockchain. The company disclosed that this initiative was announced in a press release dated September 25, 2025, which is included as an exhibit to the report.

SharpLink Gaming, Inc. filed a current report outlining a major capital return plan and an update on its cryptocurrency strategy. The board approved a 2025 share repurchase program authorizing buybacks of up to $1.5 billion of common stock. The company has already repurchased 1,000,000 shares at an average price of $16.67 per share on September 15, 2025.

The report also details the company’s Ethereum treasury activities. As of September 14, 2025, aggregate ETH holdings were 838,152, with substantially all deployed in staking, including liquid staking. Since launching its ETH treasury strategy on June 2, 2025, the company has generated 3,240 ETH in staking rewards and notes that aspects of these staking activities may be subject to government regulation and guidance that can change over time.

SharpLink Gaming, Inc. disclosed that its board approved a 2025 share repurchase program authorizing the company to buy back up to $1.5 billion of its common stock. This allows the company to reacquire its own shares over time as it chooses. The company has already used the program, repurchasing approximately 939,000 shares of common stock on September 8, 2025 at an average price of $15.98 per share. A press release discussing the 2025 Share Repurchase Program was issued on September 9, 2025 and furnished as an exhibit.

SharpLink Gaming, Inc. reported significant recent activity in its Ethereum (ETH) treasury strategy and at-the-market (ATM) equity program. Between August 25 and August 31, 2025, the Company acquired 39,008 ETH for an aggregate purchase price of approximately $176.7 million, at a weighted average price of $4,531 per ETH, funded with proceeds from its existing sales agreement facility. As of August 31, 2025, SharpLink’s aggregate ETH holdings were 837,230 ETH, with 2,318 ETH earned as staking rewards since launching its ETH treasury strategy on June 2, 2025, and substantially all ETH deployed in staking, including liquid staking. Over the same August 25–29, 2025 period, the Company sold 2.4 million shares of common stock through the Facility, generating approximately $46.6 million in net proceeds.

SharpLink Gaming detailed a major shift into Ethereum and related financing activity. Between August 18 and August 24, 2025, the company acquired 56,533 ETH for an aggregate purchase price of approximately $252.2 million, at a weighted average price of $4,462 per ETH, funded with proceeds from its at-the-market equity facility. As of August 24, 2025, its total ETH holdings were 797,704 and substantially all were deployed in staking, including liquid staking, with 1,799 ETH earned as staking rewards since launching its ETH treasury strategy on June 2, 2025.

To fund this strategy, from August 18 to August 22, 2025, SharpLink sold 18.6 million shares of common stock under its sales agreement, generating net proceeds of approximately $360.9 million. The company notes that aspects of its ETH staking activities may be subject to government regulation and guidance that can change over time.

SharpLink Gaming, Inc. reported that its board of directors approved a new Inducement Award Plan designed to grant equity incentives to certain new employees. The plan was adopted on August 19, 2025 under Nasdaq Listing Rule 5635(c)(4) without stockholder approval and will be overseen by the Compensation Committee or independent board members.

The board reserved 3,000,000 shares of common stock for issuance under this plan, with potential adjustments as described in the plan document. Awards under the plan, including nonqualified stock options, restricted stock, restricted stock units, and other stock-based awards, may be granted only to individuals commencing or resuming employment when the award is a material inducement to them joining the company or a subsidiary. The company also approved standard forms for time-based and performance-based restricted stock unit grant agreements to be used with this plan.

SharpLink Gaming, Inc. approved a 2025 share repurchase program authorizing buybacks of up to $1.5 billion of its common stock. The company may repurchase shares through open market purchases, privately negotiated transactions, accelerated share repurchases, or Rule 10b5-1 trading plans under Rule 10b-18.

SharpLink entered into an Open Market Share Repurchase Agreement with The Benchmark Company, LLC, which will act as non-exclusive agent for open market repurchases and receive a $0.01 commission per share. The program is discretionary and may be terminated by either party upon written notice.

SharpLink Gaming, Inc. entered into an Amended and Restated Sales Agreement for its existing at-the-market stock offering program. The company had previously used A.G.P./Alliance Global Partners as its sole sales agent. As of August 19, 2025, SharpLink expanded the agreement to add Canaccord Genuity LLC, SG Americas Securities, LLC (SOCIETE GENERALE), B. Riley Securities, Inc., and Citizens JMP Securities, LLC as additional sales agents.

The updated agreement makes conforming changes to reflect multiple sales agents but does not itself describe new financial terms or results. The full Amended and Restated Sales Agreement is filed as Exhibit 10.1 for investors seeking detailed contractual provisions.

SharpLink Gaming updated investors on its Ethereum strategy and recent stock sales. Between August 10 and August 17, 2025, the company bought 143,593 ETH for about $667.4 million, at a weighted average price of $4,648 per ETH, using proceeds from a prior at-the-market program and a registered direct offering. As of August 17, 2025, total ETH holdings were 740,760 ETH, with 1,388 ETH earned as staking rewards since the ETH treasury strategy began on June 2, 2025, and substantially all ETH deployed in staking, including liquid staking. The company also disclosed that from August 10 to August 15, 2025, it sold 6.6 million common shares under its at-the-market facility, generating net proceeds of about $146.5 million.

SharpLink Gaming, Inc. filed a current report to furnish investors with its latest quarterly financial update. On August 15, 2025, the company issued a press release detailing its financial results for the quarter ended June 30, 2025, and attached that release as Exhibit 99.1.

The report explains that the press release is being furnished, not filed, which means it is not subject to certain liability provisions of the Securities Exchange Act and is not automatically incorporated into other securities offerings or reports unless specifically referenced.

SharpLink Gaming sold 18,382,353 shares of common stock at $21.76 per share in a registered direct offering, generating gross proceeds of approximately $400 million. The company intends to use net proceeds to acquire Ether (ETH) and for general working capital. The offering was conducted as a takedown from the companys Form S-3ASR shelf and engaged A.G.P. as exclusive placement agent and Cantor Fitzgerald as financial advisor; the placement agent fee is 2.5% of aggregate gross proceeds less fees to Cantor. The filing includes the form Purchase Agreement and Placement Agent Agreement and a legal opinion as exhibits.

SharpLink Gaming, Inc. (Nasdaq: SBET) filed an 8-K announcing a registered direct offering of 10,256,411 common shares at $19.50, generating approximately $200 million gross proceeds.

The shares are being issued under the Company’s effective Form S-3 shelf (prospectus dated 05-30-25; supplement dated 08-06-25). Closing is expected on 08-08-25. A.G.P./Alliance Global Partners and SG Americas Securities are placement agents for a 5 % cash fee (net of Cantor Fitzgerald adviser fees); reimbursable expenses for all parties are capped at $425 k. Customary reps, warranties, indemnities and termination provisions apply.

Use of proceeds: purchase Ether (ETH) and general working capital. Legal opinion (Ex. 5.1) and transaction agreements (Ex. 10.1-10.2) are attached.

Implications: deal boosts liquidity but immediately dilutes existing shareholders and shifts a large portion of cash into cryptocurrency, exposing capital to market and regulatory volatility. No earnings or guidance updates were provided.

SharpLink Gaming (SBET) filed an 8-K disclosing sizeable treasury and capital-raising actions.

• ETH strategy: Between 7/14-7/20/25, the Company bought 79,949 ETH for ≈$258.9 m at a $3,238 avg. price. Total ETH holdings reached 360,807, all virtually deployed in staking, generating 567 ETH rewards since the program’s 6/2/25 launch.
• Capital source: Purchases were funded with proceeds from a May 30, 2025 At-the-Market (ATM) facility with A.G.P./Alliance Global Partners.
• ATM activity: Over the same 7/14-7/20 window, SBET sold 3,761,110 new common shares, raising ≈$96.6 m net.

The report notes that staking activities may face evolving government regulation. All Item 7.01 disclosures are furnished, not filed, limiting liability under Exchange Act §18.

On July 15, 2025, SharpLink Gaming, Inc. (Nasdaq: SBET) filed an 8-K reporting two material items: expansion of its Ethereum (ETH) treasury strategy and substantial use of its at-the-market (ATM) equity facility.

ETH activity: Between July 7-13, the Company bought 74,656 ETH for approximately $213 million at an average cost of $2,852/ETH. Total holdings reached 280,706 ETH; as of July 11, 99.7 % was deployed in staking, generating 415 ETH rewards since the program began on June 2. Management notes that staking may become subject to evolving regulation.

Capital raising: From July 7-11, SharpLink sold 24,572,195 common shares through the ATM, receiving $413 million net. Proceeds funded the ETH purchases and bolster liquidity, but materially increase the share count and potential dilution.

• Exhibit 99.1 (press release) is furnished, not filed, and is therefore not subject to Section 18 liability.
• No income-statement or balance-sheet data were provided; the disclosure focuses exclusively on treasury and capital-markets actions.

Investors must balance improved cash resources and staking yield against dilution, crypto-asset price swings, and regulatory uncertainty surrounding staking.

SharpLink Gaming (NASDAQ: SBET) announced two significant developments in a recent 8-K filing. First, the company's common stock options have been approved for trading on the Nasdaq Options Market, expanding its financial product offerings.

Key ETH Operations Highlights:

• Acquired 12,207 ETH between June 16-20, 2025 at an average price of $2,513 per ETH
• Total purchase value: $30.67 million
• Current aggregate ETH holdings: 188,478 ETH
• Generated 120 ETH in staking rewards
• 100% of ETH holdings deployed in staking activities

ATM Facility Update: The company raised approximately $27.7 million through the sale of 2,547,180 shares of common stock via its ATM facility with A.G.P./Alliance Global Partners between June 16-20, 2025.