other material
confidence high
sentiment neutral
materiality 0.65
Sharplink buys 10,000 ETH, repurchases 2.1M shares; total ETH holdings reach 886,725
Sharplink, Inc.
- Acquired 10,000 ETH at avg price $1,611/ETH using proceeds from $75M registered direct offering closed June 23, 2026.
- Total ETH holdings as of June 28, 2026: 886,725 (632,719 native ETH, 181,299 LsETH, 72,707 weETH).
- Repurchased 2,132,773 shares at avg price $4.69/share during June 24-26, 2026; total repurchased since Aug 2025: 4,071,223 shares.
- CEO states capital allocation philosophy aims to increase ETH per share.
- Company believes stock is significantly undervalued, supporting buyback.