---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-025218"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-08-22T23:59:59+00:00"
generated_at: "2026-05-17T10:41:03.314136+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SharpLink Gaming authorizes $1.5B stock buyback program

## Summary
- Board approved repurchase of up to $1.5B of common stock on August 21, 2025.
- Repurchases may be made via open market, private negotiations, or 10b5-1 plans; no obligation to buy.
- The Benchmark Company, LLC hired as non-exclusive agent; commission of $0.01 per share.
- Co-CEO Joseph Chalom said program allows accretive buybacks when stock trades below NAV of Ether holdings.
- SharpLink identifies as one of the world's largest corporate holders of Ether (ETH).

## SEC filing metadata
- accession: 0001641172-25-025218
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225025218/0001641172-25-025218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225025218/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-025218
- JSON: https://secwatch.observer/filing/0001641172-25-025218.json
- Plain text: https://secwatch.observer/filing/0001641172-25-025218.txt

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