---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-022149"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:04:58.280299+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SharpLink Gaming increases ETH holdings to 521,939; raises $264.5M via ATM for week ending Aug 1, 2025

## Summary
- Purchased 83,561 ETH during July 28-Aug 3 at avg price $3,634; total ETH holdings up 19% to 521,939.
- Net proceeds of $264.5M from ATM equity sales (13.6M shares) during July 28-Aug 1, 2025.
- Total staking rewards since June 2, 2025 reached 929 ETH as of August 3, 2025.
- Company discloses material impairment charges on staked ETH will be recognized for Q2 ended June 30, 2025.
- Introduced ETH Concentration metric at 3.66 as of Aug 3, up 83% since treasury strategy launch.

## SEC filing metadata
- accession: 0001641172-25-022149
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-08-05T23:59:59+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, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225022149/0001641172-25-022149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225022149/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-022149
- JSON: https://secwatch.observer/filing/0001641172-25-022149.json
- Plain text: https://secwatch.observer/filing/0001641172-25-022149.txt

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