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The latest announcement is out from SharpLink Gaming ( (SBET) ).
On September 2, 2025, SharpLink Gaming announced its acquisition of 39,008 ETH between August 25 and August 31, 2025, for approximately $176.7 million, using proceeds from its At-the-Market (ATM) facility. The company’s ETH holdings have increased to 837,230, valued at over $3.6 billion, with staking rewards totaling 2,318 ETH since June 2, 2025. The company also raised $46.6 million through the sale of 2.4 million shares. These actions reflect SharpLink’s strategic focus on Ethereum adoption and capital raising to enhance shareholder value, although aspects of its staking activities may be subject to changing government regulations.
The most recent analyst rating on (SBET) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on SharpLink Gaming stock, see the SBET Stock Forecast page.
Spark’s Take on SBET Stock
According to Spark, TipRanks’ AI Analyst, SBET is a Underperform.
SharpLink Gaming’s overall score is primarily affected by its weak financial performance, characterized by declining revenues and persistent losses. Technical indicators suggest a bearish trend, while valuation metrics highlight profitability challenges. However, the strategic acquisition in the crypto gaming space offers a potential growth avenue, balancing some of the financial and operational concerns.
To see Spark’s full report on SBET stock, click here.
More about SharpLink Gaming
Headquartered in Minneapolis, Minnesota, SharpLink Gaming, Inc. is one of the world’s largest publicly traded companies to adopt Ether (ETH) as its primary treasury reserve asset, aligning with the future of digital capital. The company is also innovating in the online gaming industry, leveraging a team with deep roots in sports media, gaming, and technology to build scalable, secure, and transparent solutions.
Average Trading Volume: 38,483,296
Technical Sentiment Signal: Sell
Current Market Cap: $3.14B
For a thorough assessment of SBET stock, go to TipRanks’ Stock Analysis page.