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AI brief of an SEC Form 8-K · Sharplink, Inc. (SBET)

Sharplink buys 10,000 ETH and repurchases 2.1 million shares in late June

Neutral Impact 3 of 5 financing Written later

Sharplink disclosed that between June 24 and June 26, 2026, it bought 10,000 ETH for about $16.1 million using proceeds from a $75 million registered direct offering that closed June 23, 2026, and repurchased 2,132,773 shares at an average of $4.69. As of June 28, 2026, its total ETH holdings were 886,725. The filing reports token purchases and share buybacks but no financial results, so shareholders get a snapshot of how the offering capital is being deployed.

Key points

  • Registered direct offering of common stock and warrants raised $75 million and closed June 23, 2026.
  • Bought 10,000 ETH from June 24 to June 26, 2026, at a weighted average of $1,611.04 per ETH, including fees and expenses.
  • Total ETH holdings were 886,725 as of June 28, 2026, with substantially all deployed in staking.
  • Repurchased 2,132,773 shares at an average of $4.69 from June 24 to June 26, 2026; 4,071,223 shares repurchased since the August 2025 program, which authorizes up to $1.5 billion.

The filing

CompanySharplink, Inc. (SBET)
Form8-K, current report
Filed with the SECJun 30, 2026, 8:15 AM ET
Accession number0001493152-26-031202

Items reported: 7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.