---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-019635"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:33:00.116010+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SharpLink becomes largest corporate ETH holder with 280,706 ETH; raises $413M via ATM

## Summary
- Purchased 74,656 ETH for ~$213M at weighted avg $2,852 during July 7-13, 2025.
- Total ETH holdings reached 280,706 as of July 13, 2025; 99.7% staked.
- Raised ~$413M net from ATM sale of 24,572,195 shares; $257M uncommitted as of July 13.
- Earned 415 ETH in staking rewards since June 2, 2025; 94 ETH in the week July 7-11.
- Proprietary ETH Concentration metric rose from 2.00 to 2.46 (23% increase) since mid-June.

## SEC filing metadata
- accession: 0001641172-25-019635
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225019635/0001641172-25-019635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225019635/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-019635
- JSON: https://secwatch.observer/filing/0001641172-25-019635.json
- Plain text: https://secwatch.observer/filing/0001641172-25-019635.txt

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