---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-012846"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-09-09T23:59:59+00:00"
generated_at: "2026-05-17T07:23:28.430275+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SharpLink begins share repurchases, buys 939k shares at $15.98 avg.

## Summary
- Company repurchased ~939,000 shares at avg price $15.98 under $1.5B buyback program.
- Holds ~$3.6B ETH (nearly 100% staked), generating revenue; no outstanding debt.
- Believes stock is significantly undervalued; buybacks accretive when trading below NAV.
- Reaffirms not using ATM facility while trading below NAV to avoid dilution.

## SEC filing metadata
- accession: 0001493152-25-012846
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-09-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000149315225012846/0001493152-25-012846-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000149315225012846/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-012846
- JSON: https://secwatch.observer/filing/0001493152-25-012846.json
- Plain text: https://secwatch.observer/filing/0001493152-25-012846.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.