SharpLink GamingSBET
SBET
About: SharpLink Gaming Inc is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The company owns a performance marketing platform through which the company owns and operates state-specific web domains designed to attract, acquire, and drive local sports betting and casino traffic directly to its sportsbook and casino partners which are licensed to operate in each respective state. The company has one operating segment: Affiliate Marketing Services, which operates in United States and Rest of the world. The company generates the majority of the revenue earned from the Affiliate Marketing Services in Rest of the world.
Employees: 5
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
6.78% less ownership
Funds ownership: 9.22% [Q4 2024] → 2.44% (-6.78%) [Q1 2025]
27% less funds holding
Funds holding: 15 [Q4 2024] → 11 (-4) [Q1 2025]
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
77% less capital invested
Capital invested by funds: $214K [Q4 2024] → $49.8K (-$164K) [Q1 2025]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for SBET.
Financial journalist opinion
Based on 9 articles about SBET published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
SharpLink Gaming Acquires 176,271 ETH for $463 Million, Officially Becoming Largest Publicly-Traded ETH Holder
MINNEAPOLIS, June 13, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”) today announced the strategic acquisition of 176,270.69 ETH for an aggregate purchase price of $462,947,816 (inclusive of fees and expenses), at an average acquisition price of $2,626 per ETH (inclusive of fees and expenses). This acquisition positions the Company as the largest publicly-traded holder of ETH in the world, and the second largest holder behind the Ethereum Foundation. In addition to the initial PIPE transaction from May 26, 2025, the Company also disclosed it raised an additional $79 million in approximate gross proceeds through its at-the-market (“ATM”) facility. With a majority of the ATM proceeds used to fund further purchases of ETH, contributing to the total above, these collective purchases have generated ETH per share growth of 11.8% since June 2, 2025.
Neutral
GlobeNewsWire
1 week ago
SharpLink Announces Closing of $425,000,000 Private Placement Led by Consensys Software Inc., Will Become the Largest Publicly-Traded ETH Holder Globally
Joseph Lubin, Founder and CEO of Consensys and Co-Founder of Ethereum, becomes Chairman of the Board SharpLink will use the net proceeds to launch its treasury strategy focused on Ethereum, becoming one of the first Nasdaq-listed companies to take this step. SharpLink continues its online performance-based marketing company serving the U.S. sports betting and global iGaming industries MINNEAPOLIS, June 02, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”) today announced the closing of a $425,000,000 private placement (funded in a combination of fiat and ETH) led by Consensys Software Inc. and other investors to help SharpLink implement the largest Ethereum treasury strategy in the public markets.
Positive
Investors Business Daily
2 weeks ago
Crypto Stock Bolts 1078%, Pharma Bro Martin Shkreli Places A Bet
Former "Pharma bro" Martin Shkreli has bought into SharpLink Gaming. SBET is turning into a crypto stock as it builds ETH treasury.
Positive
Forbes
2 weeks ago
What's Behind The 1,000% Rise For SBET Stock?
SharpLink Gaming (NASDAQ:SBET), an online performance marketing company, has seen its stock surge a whopping 1,067% in a week. This move came after the company's recent announcement of a $425 million private placement to adopt Ethereum as its primary treasury reserve asset.
Positive
Schwab Network
2 weeks ago
Overlooked Stock: SBET Rallies Over 430%
SharpLink Gaming more than quadrupled its stock price in a single day. The co-founder of Ethereum will be the company's new chairman for its board of directors.
Positive
Proactive Investors
2 weeks ago
Sharplink Gaming announces $425M raise to support pivot to Ethereum as primary treasury asset
Sharplink Gaming (NASDAQ:SBET), an online performance marketing company working with sportsbooks and online casino gaming operators, has announced a $425 million private investment in public equity (PIPE) deal, the proceeds of which will be used to support its adoption of Ethereum as its primary treasury reverse asset. The news saw shares of Minnesota-based Sharplink pop more than 530% to about $42 on Tuesday afternoon.
Positive
Invezz
2 weeks ago
Sharplink Gaming stock soars 450% as it announces an MSTR like strategy
Sharplink Gaming Inc (NASDAQ: SBET) opened more than 450% up on Tuesday morning after announcing plans to raise $425 million through a PIPE offering. The sports betting and i-gaming company has entered into securities purchase agreements for the sale of 69.1 million shares at a per unit price of $6.15.
Neutral
GlobeNewsWire
3 weeks ago
PRISM MarketView Launches Emerging Sports Index
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- PRISM MarketView, a leading provider of unbiased market insight and company news, today announces the launch of its PRISM Emerging Sports Index in response to significant global growth and transformation in the sports industry. The new PRISM index tracks emerging companies elevating the industry through professional sports teams, sports media platforms, athletics data or analytics solutions, and legal sports betting or fantasy sports services.
Neutral
GlobeNewsWire
3 weeks ago
SharpLink Gaming Announces Pricing of $4.5 Million Public Offering Priced At-The-Market Under Nasdaq Rules
MINNEAPOLIS, May 20, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 1,530,612 shares of common stock (or common stock equivalents in lieu thereof) at an offering price of $2.94 per share (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $4.5 million, before deducting placement agent fees and other offering expenses.
Neutral
GlobeNewsWire
1 month ago
SharpLink Gaming Announces 1-for-12 Reverse Stock Split
MINNEAPOLIS, May 01, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced that it will effect a 1-for-12 reverse stock split of its outstanding common stock. The reverse stock split will be effective for trading purposes as of the commencement of trading on May 6, 2025.
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