---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-018094"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:09:04.259547+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SharpLink raises $64M via ATM, buys 7,689 ETH; total ETH holdings reach 205,634

## Summary
- Acquired 7,689 ETH at $2,501/ETH; total ETH holdings at 205,634 as of July 4, 2025.
- Raised $64.0M net proceeds via ATM selling 5,499,845 shares; $37.2M yet to be deployed in ETH.
- Earned 322 ETH in staking rewards since June 2, 2025; 100% of ETH staked.
- Introduced ETH Concentration metric at 2.37 ETH per 1,000 diluted shares, up 19% in three weeks.

## SEC filing metadata
- accession: 0001641172-25-018094
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-07-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- 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/1981535/000164117225018094/0001641172-25-018094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225018094/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-018094
- JSON: https://secwatch.observer/filing/0001641172-25-018094.json
- Plain text: https://secwatch.observer/filing/0001641172-25-018094.txt

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