Sharplink, Inc. 8-K

What Happened

• On June 30, 2026 Sharplink, Inc. (SBET) filed an 8‑K and issued a press release disclosing its ETH holdings, recent ETH purchases funded by a registered direct offering (closed June 23, 2026), and activity under its 2025 share repurchase program.
• Between June 24–26, 2026 the company bought 10,000 ETH for about $16.1 million (inclusive of fees) at a weighted average price of $1,611.04 per ETH, and repurchased 2,132,773 shares of common stock at an average price of $4.69 per share. As of June 28, 2026, Sharplink reported total ETH holdings equal to 886,725 ETH, with substantially all deployed in staking (including liquid staking).

Key Details

• 2025 Repurchase Program approved Aug 21, 2025 authorizes up to $1.5 billion in share repurchases.
• Shares repurchased (June 24–26, 2026): 2,132,773 shares at $4.69 average price.
• ETH acquired (June 24–26, 2026): 10,000 ETH for ~ $16.1 million (inclusive of fees), $1,611.04 weighted avg. price per ETH.
• Aggregate ETH Holdings as of June 28, 2026: 886,725 ETH = 632,719 native ETH, 181,299 ETH as‑if redeemed from LsETH, 72,707 ETH as‑if redeemed from weETH; substantially all deployed in staking.

Why It Matters

• The filing gives investors clear, recent figures on Sharplink’s crypto exposure and capital allocation: meaningful ETH accumulation and active deployment into staking, plus continued use of a large ($1.5B) share repurchase program. These facts affect the company’s asset mix, potential staking rewards, and share count dynamics—key inputs for assessing Sharplink’s balance sheet and per‑share metrics.