---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-020521"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:36:02.927151+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SharpLink Gaming reports ETH holdings of 360,807; $96.6M ATM proceeds yet deployed

## Summary
- Acquired 79,949 ETH for $258.9M at avg price $3,238; holdings up 29% week-over-week.
- Total ETH staking rewards 567 since June 2, 2025; concentration ratio 3.06.
- Sold 3,761,110 shares via ATM for net proceeds of $96.6M in the week ending July 20.
- Applauds signing of Genius Act into law, citing clearer U.S. digital asset regulation.
- Management expects to deploy remaining ATM proceeds to purchase more ETH opportunistically.

## SEC filing metadata
- accession: 0001641172-25-020521
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225020521/0001641172-25-020521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225020521/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-020521
- JSON: https://secwatch.observer/filing/0001641172-25-020521.json
- Plain text: https://secwatch.observer/filing/0001641172-25-020521.txt

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