Sharplink: Where The Market Sees Risk, I See Mispricing

Sharplink trades at a steep discount to NAV, driven by concentrated ETH exposure and a smaller non-ETH asset base versus top peers. SBET's recent $75M capital raise at a ~41% premium strengthens its cash position, offering accretive potential for NAV per share. Around 67% of SBET's ETH is deployed in lower risk native staking, with the remainder in institutional-grade but higher risk liquid staking protocols.

Seeking Alpha • Jun 23, 2026

Sharplink Announces Pricing of $75 Million Registered Direct Offering Priced at Approximately 41% Premium to Last Closing Share Price

MIAMI, June 22, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) ("Sharplink" or the "Company"), one of the world's largest corporate holders of Ether ("ETH") and a prominent industry advocate of Ethereum adoption, today announced that it has entered into a securities purchase agreement with an institutional investor (the “Investor”) for the purchase and sale of 10,013,351 shares of its common stock, par value $0.0001 per share (the “Shares), and accompanying warrants to purchase up to 10,013,351 shares of common stock (the “Warrants”), at a combined purchase price of $7.49 per Share and Warrant. The purchase price represents a 41% premium to the Company's closing share price of $5.29 on June 18, 2026 (the “Closing Share Price”), as reported on the Nasdaq Capital Market, and a premium to the net asset value (“NAV”) of Sharplink's ETH holdings1 reported as of June 16, 2026 of 875,776 ETH. The Warrants will have an exercise price of $8.15 per Share, will be exercisable immediately upon issuance, and will expire four (4) years from the date of issuance.

GlobeNewsWire • Jun 22, 2026

Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle

New nonprofit research and development lab brings together a group of senior technical contributors from the Ethereum Foundation to ready the network for step-function wave of adoption from institutions, agentic finance and DeFi

GlobeNewsWire • Jun 22, 2026

Sharplink: Treat It Like An ETH Cyclical

Sharplink offers a 'purer' investment opportunity compared to Bitmine, which is heavily influenced by its founder. SBET should benefit from ETH after the passage of CLARITY catalyzes on-chain finance. A recent deal with Galaxy Digital shows their ability to optimize yield.

Seeking Alpha • Jun 11, 2026

Down 30.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Sharplink Inc (SBET)

Sharplink Inc (SBET) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Zacks Investment Research • Jun 8, 2026

Sharplink Inc (SBET) Upgraded to Buy: What Does It Mean for the Stock?

Sharplink Inc (SBET) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research • Jun 5, 2026

Sharplink to Join the Russell 2000 and 3000 Indexes

MIAMI, FL, May 26, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) ("Sharplink" or the "Company"), one of the world's largest corporate holders of Ether ("ETH") and a prominent industry advocate of Ethereum adoption, today announced that it will be included in the Russell 2000® Index and Russell 3000® Index. The addition follows publication of FTSE Russell's preliminary list of index changes on May 22, 2026, and it will take effect on June 29, 2026 at the conclusion of the Russell indexes' semi-annual reconstitution.

GlobeNewsWire • May 26, 2026

Crypto companies are trying to leave the hype cycle for a more disciplined phase, earnings show

Company announcements in first-quarter earnings showed an urgency to prove they can generate steady revenue even when crypto prices and trading volumes are in a slump. Coinbase and Robinhood have been working for years on diversifying revenue by expanding their suite of financial services.

CNBC • May 20, 2026

Sharplink Gaming Q1 Earnings Call Highlights

Sharplink Gaming NASDAQ: SBET reported a sharp increase in first-quarter revenue as management emphasized its Ethereum treasury strategy, while the company also posted a large net loss tied to accounting treatment and weaker Ether market conditions during the quarter.

MarketBeat • May 11, 2026

Sharplink, Inc. (SBET) Q1 2026 Earnings Call Transcript

Sharplink, Inc. (SBET) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 11, 2026