SharpLink Gaming Launches $15M Share Buyback as Stock Trades Below NAV

Main notes

• The company implemented a value of $ 15 million from 939,000 shares while maintaining zero debt for $ 3.6 billion for the Treasury.
• The shares have gained 3.6 % in pre -market trading, but 60 % are still less than July’s tops despite the increased trading volume activity.
• Priority management gives re -purchases on shares ’issuance while almost all ETHEREUM holdings generate revenues for operations.

Sharplink Gaming Inc. (NASDAQ: SBET) on Tuesday that it started implementing the shares of the shares of $ 1.5 billion by reformulating approximately 939,000 shares at an average price of $ 15.98 per share, with a total of $ 15 million.

ethereum

Eth
4 $ 313



24 hours fluctuation:
0.1 %


The maximum market:
$ 520.78 b



Folder. 24h:
$ 28.66 b

Treasury Company, which owns $ 3.6 billion in ETH with zero Dion, said it considers its shares less than its value to the net value of assets. Co-COO Joseph Chaalom stressed that with the company’s circulation without the net value of the assets (NAV), the reshaping of shares immediately guides the shareholders instead of issuing new ownership rights.

New: Sharplink begins using the 1.5 billion dollar shares program, and re -drafs ~ 1 million shares $ SBET.

We believe our stock is less than its value. Buying stocks again in NAV <1 is immediately accumulated and vehicles are the value of the share in the long run.

Main facts:

– 3.6 billion dollars from $ ETH on me… pic.twitter.com/wr0weylqlb

– Sharplink (SBET) (Sharplinkgaming) September 9, 2025

S roots 3.6 % in the market before trading by 60 % less than the highest levels of July

SBET shares responded positively to Re -purchase announcementObtaining 3.6 % in the pre -market trade on Tuesday. As of September 9, the stock was close to $ 16.53, which represents an increase of 5.68 % over the previous session. However, stocks remain much lower than the highest levels of July, as they were traded by 60 % less than the peak levels that were reached earlier this year, According to Yahoo! finance.

Trading volume data shows that the stock has witnessed an increased activity, changing nearly 20.4 million shares on September 8. The current market value is $ 3.209 billion, which is trading with a discount on the value of the company inherent in the company.

Sharplink becomes the second largest ETHEREUM holder through the stokeing strategy

Nearly 100 % of ETH is currently $ 3.6 billion, providing continuous revenue for the company. The company has approximately 837230 ETH codes, making it the second largest ETHEREUM Corporate Beyond BitMine Technologies.

The company, which is based in Minneapolis, confirmed that it did not use the stock facility on the market during the trading below NAV, because these versions will be reduced on the basis of each share. Instead, the administration focuses on allocating disciplined capital through shares re -purchases when shares are traded with attractive reviews.

Sharplink plans to continue shaping shares based on market conditions using cash on hand, returns from registration operations, or alternative financing methods. Re -purchasing program, announced at the end of August, provides flexibility for the company to work when trading shares without the value of the primary basic assets.

The company’s strategy reflects the dynamics of the broader market that affects the ETHEREUM cabinet companies, as stock prices have decreased below the net asset values ​​due to the decrease in the investor’s appetite for exposure to digital assets through the vehicles circulating at the present time.

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