---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-017278"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T10:48:10.620541+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SharpLink Gaming boosts ETH holdings to 198,167; raises $24.4M via ATM for further purchases

## Summary
- Acquired 9,468 ETH for $22.8M at avg $2,411/ETH during June 23-27, 2025.
- Total ETH holdings now 198,167; 100% staked; earned 222 ETH rewards since June 2, 2025.
- Sold 2.5M shares via ATM for net proceeds of ~$24.4M to fund further ETH acquisitions.
- Introduced 'ETH Concentration' metric: 2.35 ETH per 1,000 diluted shares as of June 27.
- Engaged Elevate IR as investor relations firm; chairman Joseph Lubin highlighted strategy.

## SEC filing metadata
- accession: 0001641172-25-017278
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225017278/0001641172-25-017278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225017278/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-017278
- JSON: https://secwatch.observer/filing/0001641172-25-017278.json
- Plain text: https://secwatch.observer/filing/0001641172-25-017278.txt

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