Sharplink Inc

SBET

Market cap $1.58B

Digital Asset Treasuries (DATs) like MSTR, DFDV, and SBET offer levered crypto exposure with less risk via C-corp structures and flexible financing. DFDV (Solana) and SBET (Ethereum) are preferred over MSTR (Bitcoin) due to their ability to generate yield through staking and operational treasury management. Both DFDV and SBET currently trade at discounts to mNAV, signaling undervaluation, but face dilution risk if issuing new equity below NAV.

Bitcoin (CRYPTO:BTC) climbed to $73,000 in Friday morning trading, and TD Cowen moved fast.

SharpLink Gaming (NASDAQ:SBET) stock earned a fresh Buy rating from TD Cowen on Friday, initiating coverage with a bullish thesis on the company's positioning at the intersection of sports betting affiliate marketing and institutional crypto treasury management.

Sharplink ( NASDAQ:SBET ) filed its Q4 2025 results on March 9, 2026, and the headline number was hard to overlook: a $734.6 million full-year net loss for a company generating $28.1 million in annual revenue.

Gambling.com Group (NASDAQ: GAMB) and SharpLink Gaming (NASDAQ: SBET) share a sports betting origin story, but their most recent earnings reveal two companies with almost nothing in common.

Sharplink, Inc. (SBET) Q4 2025 Earnings Call Transcript

Disciplined Staking and Yield Operations Leads to Highest Institutional Ownership Among ETH Treasury Companies Leadership to Host Conference Call This Morning at 8:30 AM ET MIAMI, FL, March 09, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) (“Sharplink” or the “Company”), one of the world's largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today reported financial and operating results for the full year ended December 31, 2025. “2025 was a defining year for Sharplink,” stated Joseph Chalom, Chief Executive Officer.

Sharplink, Inc. (NASDAQ: SBET) will release its fourth quarter earnings before the opening bell on Monday, March 9.

MIAMI, FL, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) (“Sharplink” or the “Company”), one of the world's largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced that the Company will host a conference call on Monday, March 9, 2026 at 8:30 A.M. Eastern Time to discuss its financial and operating results for the full year ended December 31, 2025.

MIAMI, FL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) (“Sharplink” or the “Company”), one of the world's largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced record level institutional ownership of its common stock. According to the latest available Form 13F filings, institutional ownership of Sharplink's common stock has grown to 46% as of December 31, 2025.