SharpLink Gaming, Inc. disclosed its updated ETH holdings as of August 24, 2025, revealing a total of 797,704 ETH.
The company raised $360.9 million in net proceeds during the week of August 18.
They reported a significant increase in staking rewards to 1,799 ETH.
Approximately $200 million in cash remains available for further ETH acquisitions.
Total ETH Holdings
Total ETH holdings reached 797,704, valued at approximately $3.7 billion.
Staking Rewards
Staking rewards rose to 1,799 ETH since the launch of the treasury strategy.
Cash Reserves
Approximately $200 million in cash remains available for additional ETH acquisitions.
Stock Buyback Plan
Board approved a $1.5 billion stock buyback plan on August 18, 2025.
ETH Concentration Increase
ETH concentration on a cash-converted basis exceeded 4.00, showing over 100% increase since June 2, 2025.
- SharpLink's strategic increase in ETH holdings showcases a commitment to long-term value creation and support for Ethereum.
- The significant cash reserves for ETH acquisitions indicate preparedness for potential market opportunities and strategic investments.
SharpLink's transparent update on ETH holdings and financial activities positions the company as a key player in the evolving digital asset landscape, fostering investor confidence and strategic growth opportunities.