Altcoins News
By Sakamoto Nashi
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Expanding Stock Offering to $6 Billion. In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company revealed…
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ETH as the Primary Treasury Asset. Sharplink officially began using Ethereum as its main treasury reserve in May 2025.
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Sharplink’s Broader Strategy. Sharplink is listed on Nasdaq under the ticker symbol “SBET”.
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Revenue Challenges and Ethereum Focus. Despite the company’s ambitious crypto plans, its core business has seen some challenges.
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Why This Matters. Sharplink’s decision to bet big on Ethereum is part of a growing trend where companies are…
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Sharplink Gaming Inc., a company known for its online gaming marketing services, has revealed a major move: it plans to sell up to $5 billion worth of common stock, with the…
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In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company revealed that this new $5 billion offering adds to an already existing $1 billion stock…
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So far, Sharplink has already sold $720.8 million worth of stock under the earlier plan. The company now aims to use most of the new proceeds to buy Ethereum, which is the…
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Sharplink officially began using Ethereum as its main treasury reserve in May 2025. The company explained that this decision helps diversify its financial reserves, improve…
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According to the latest SEC filing, as of July 13, Sharplink held 280,706 ETH. Notably, 99.7% of that ETH is currently being staked to earn rewards.
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This level of ETH commitment shows how serious Sharplink is about making cryptocurrency a core part of its business model.
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Sharplink is listed on Nasdaq under the ticker symbol “SBET”. On July 16, the company’s shares closed at $37.38.
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The SEC filing also included an update to the company’s agreement with A.G.P., allowing for forward sales of its stock.
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Sales will happen “at the market” using Nasdaq or other U.S. trading venues. The commission earned by A.G.P. will vary between 2.0% and 4.
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The SEC filing also notes that not all proceeds from the stock sale will go directly into Ethereum.
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