{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-018731","form_type":"8-K","ticker":"SBET","cik":"0001981535","company_name":"Sharplink, Inc.","filed_at":"2025-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.209371+00:00","generated_at":"2026-05-17T03:06:08.844310+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SharpLink Gaming reports ETH holdings of 859,853 and cash+ETH of $3.5B; raised $76.5M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-018731","json":"https://secwatch.observer/filing/0001493152-25-018731.json","markdown":"https://secwatch.observer/filing/0001493152-25-018731.md","text":"https://secwatch.observer/filing/0001493152-25-018731.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1981535/000149315225018731/0001493152-25-018731-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1981535/000149315225018731/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:06:08.844310+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}