SharpLink Gaming Stock Options Approved for Nasdaq

The latest update is out from SharpLink Gaming ( (SBET) ).

On June 23, 2025, SharpLink Gaming announced that its common stock options were approved for trading on the Nasdaq Options Market, which began on June 18, 2025. This development is expected to enhance liquidity and investor access, reflecting growing confidence in the company’s strategic outlook. Additionally, between June 16 and June 20, 2025, SharpLink acquired 12,207 ETH and sold 2,547,180 shares of common stock, generating significant proceeds. These actions highlight the company’s commitment to its ETH treasury strategy and its focus on staking activities, although they may be subject to regulatory changes.

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 Ethereum (ETH) as its primary treasury reserve asset. The company is reimagining the future of online gaming and sports betting by leveraging smart contracts, DeFi protocols, and Web3 infrastructure to transform the iGaming industry into a more dynamic, efficient, and equitable ecosystem.

Average Trading Volume: 4,807,417

Technical Sentiment Signal: Strong Sell

Current Market Cap: $599.9M

For a thorough assessment of SBET stock, go to TipRanks’ Stock Analysis page.