---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-014970"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T09:21:23.662920+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SharpLink acquires 176,271 ETH for $463M, becomes largest public ETH holder; $79M ATM raised

## Summary
- Acquired 176,270.69 ETH at average $2,626/ETH; total cost $462,947,816 (incl. fees).
- Over 95% of ETH holdings already deployed in staking/liquid staking as of June 13, 2025.
- Raised ~$79M gross via ATM facility from June 2-12, 2025 under $1B program.
- ETH per share grew 11.8% since June 2, 2025 due to purchases with ATM proceeds.
- Adopts ETH as primary treasury reserve; first Nasdaq-listed company with such policy.

## SEC filing metadata
- accession: 0001641172-25-014970
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225014970/0001641172-25-014970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225014970/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-014970
- JSON: https://secwatch.observer/filing/0001641172-25-014970.json
- Plain text: https://secwatch.observer/filing/0001641172-25-014970.txt

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