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SharpLink Gaming ( (SBET) ) just unveiled an announcement.
On July 15, 2025, SharpLink Gaming announced it had become the world’s largest corporate holder of ETH, with 280,706 ETH as of July 13, 2025. The company raised approximately $413 million through its At-The-Market facility by issuing 24,572,195 shares of common stock. SharpLink has allocated 99.7% of its ETH holdings to staking protocols, earning 415 ETH in rewards since launching its treasury strategy on June 2, 2025. The company introduced a proprietary ‘ETH Concentration’ metric, which has risen by 23% since June 13, 2025, indicating its significant exposure to ETH relative to its capital structure.
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 the world’s largest publicly traded company to adopt Ether (ETH) as its primary treasury reserve asset. The company is focused on reimagining the future of online gaming and sports betting by leveraging smart contracts, DeFi protocols, and Web3 infrastructure to transform the iGaming industry.
Average Trading Volume: 11,973,520
Technical Sentiment Signal: Hold
Current Market Cap: $1.4B
For detailed information about SBET stock, go to TipRanks’ Stock Analysis page.