SharpLink Announces Now Has 280,706 ETH, Earns 415 ETH In Staking Rewards Since June 2 Strategy Launch; Allocates 99.7% Of ETH To Staking Protocols

Benzinga·07/15/2025 12:16:33

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Earns 415 ETH in Staking Rewards Since Treasury Strategy Launch on June 2, 2025

MINNEAPOLIS, MN, July 15, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (NASDAQ:SBET) ("SharpLink" or the "Company"), the world's largest publicly traded company to adopt Ether ("ETH") as its primary treasury reserve asset, today announced it has officially become the world's largest corporate holder of ETH with 280,706 ETH as of July 13, 2025. Key highlights include:

During the period July 7 through July 13, 2025, the Company purchased 74,656 ETH at a weighted average price of $2,852.
SharpLink raised approximately $413 million in net proceeds via its At-The-Market facility ("ATM"), issuing 24,572,195 shares of common stock during the week of July 7 through July 11, 2025.
- Approximately $257 million has yet to be committed to ETH purchases as of July 13, 2025.

The Company plans to continue providing detailed updates on its treasury activities for best-in-class investor transparency.

Staking Progress and Yield Optimization

As of July 11, 2025, the Company had allocated 99.7% of its ETH holdings to staking protocols – highlighting its continued commitment to maximizing returns from its ETH treasury. Between July 7 and July 11, 2025, SharpLink earned approximately 94 ETH in staking rewards, bringing its cumulative reward total to 415 ETH since launching the strategy on June 2, 2025.

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