Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from SharpLink Gaming ( (SBET) ) is now available.
On August 5, 2025, SharpLink Gaming announced its acquisition of 83,561 ETH between July 28 and August 3, 2025, at an average price of $3,634 per ETH, using proceeds from its ATM Facility. The company’s total ETH holdings increased to 521,939, with 929 ETH staking rewards generated since June 2, 2025. SharpLink also raised $264.5 million through the sale of 13.6 million shares, reinforcing its strategy to optimize capital efficiency and align with Ethereum’s role in decentralized finance.
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
SharpLink Gaming, Inc., headquartered in Minneapolis, Minnesota, is a publicly traded company that has adopted Ether (ETH) as its primary treasury reserve asset. The company aligns itself with the future of digital capital, offering investors exposure to Ethereum, the leading smart-contract platform. SharpLink is also innovating in the online gaming industry with scalable and secure solutions.
Average Trading Volume: 24,761,254
Technical Sentiment Signal: Sell
Current Market Cap: $1.71B
Learn more about SBET stock on TipRanks’ Stock Analysis page.