SharpLink announces total ETH holdings increased to 797,704 as of August 24

* SharpLink Gaming (NASDAQ:SBET [https://seekingalpha.com/symbol/SBET]) issued on Tuesday its update on the company’s ETH purchases for the period Monday, August 18, 2025, through Sunday, August 24, 2025; and capital raised through its At-the-Market facility during the week.
* KEY HIGHLIGHTS FOR THE WEEK ENDING AUGUST 24, 2025:

* Purchased 56,533 ETH.
* $360.9 million in net proceeds were raised through the ATM facility this past week.
* Average ETH purchase price for the week was $4,462.
* Total ETH holdings increased to 797,704, currently valued at approximately $3.7 billion.
* Total staking rewards rose to 1,799 ETH since launch of treasury strategy on June 2, 2025.
* Approximately $200 million cash on hand yet to be deployed into ETH acquisitions.
* ETH Concentration on a cash-converted basis* exceeds 4.00, up over 100% since June 2, 2025.
* On August 18, 2025, SharpLink’s Board approved a $1.5 billion stock buyback plan.
* SBET is +1.79% to $19.515.
* Source: Press Release [https://seekingalpha.com/pr/20211412-sharplink-announces-total-eth-holdings-increased-to-797704-as-of-august-24-2025-raised-360_9]

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