SharpLink Gaming reports ETH holdings of 859,853 and cash+ETH of $3.5B; raised $76.5M

Sharplink, Inc.

Total ETH holdings as of Oct 19, 2025: 859,853 (601,143 native ETH + 258,710 as-if redeemed LsETH).
Acquired 19,271 ETH for ~$75M at weighted avg price of $3,892/ETH using proceeds from $76.5M direct offering.
Cumulative staking rewards since June 2, 2025: 5,671 ETH (2,237 native, 3,434 LsETH).
Cash and equivalents on hand: ~$36.4M; ETH concentration metric rose to 4.0 (up 100% since June 2).
Company states capital raise at premium to NAV and subsequent ETH purchase was immediately accretive to shareholders.

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