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SharpLink Gaming ( (SBET) ) just unveiled an update.
On August 26, 2025, SharpLink Gaming announced its ETH holdings and net proceeds from its sales agreement. During the period from August 18 to August 24, 2025, the company acquired 56,533 ETH for approximately $252.2 million and increased its total ETH holdings to 797,704. The company also raised $360.9 million through its At-the-Market facility and has $200 million available for further ETH acquisitions. These strategic moves underline SharpLink’s commitment to building long-term value for its stockholders and supporting the Ethereum ecosystem.
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 one of the world’s largest publicly traded companies to adopt Ether (ETH) as its primary treasury reserve asset. The company is focused on reimagining the future of online gaming by building scalable, secure, and transparent solutions, leveraging its expertise in sports media, gaming, and technology.
Average Trading Volume: 37,706,766
Technical Sentiment Signal: Hold
Current Market Cap: $3.24B
For a thorough assessment of SBET stock, go to TipRanks’ Stock Analysis page.