---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-019828"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T02:01:21.887038+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SharpLink deploys $200M ETH on Consensys' Linea via ether.fi and EigenCloud for DeFi yield

## Summary
- Plans to allocate $200 million in ETH on Linea, a zkEVM Layer 2 network by Consensys, over a multi-year commitment period.
- Deployment includes staking via ether.fi and restaking via EigenCloud's EigenLayer protocol to generate enhanced ETH-denominated yield.
- ETH held and deployed through Anchorage Digital Bank, a federally chartered crypto bank, for institutional custody and risk management.
- Yield combines native Ethereum staking, restaking rewards from EigenCloud AVSs, and partner incentives from Linea and ether.fi.
- Collaboration marks first institutional deployment on Linea for ETH treasury optimization; SharpLink is one of largest public ETH holders.

## SEC filing metadata
- accession: 0001493152-25-019828
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000149315225019828/0001493152-25-019828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000149315225019828/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-019828
- JSON: https://secwatch.observer/filing/0001493152-25-019828.json
- Plain text: https://secwatch.observer/filing/0001493152-25-019828.txt

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