SharpLink Repurchases 1M Shares At A Price Of $16.67/Share As ETH Staking Rewards Climb To 3,240 ETH And Treasury Grows To $3.86B

Author: Benzinga Newsdesk | September 16, 2025 08:18am

Total Staking Rewards Climb to 3,240 ETH as of September 14, 2025

MINNEAPOLIS, MN, Sept. 16, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (NASDAQ:SBET) ("SharpLink" or the "Company"), one of the world's largest corporate holders of Ether ("ETH") and prominent industry advocate of Ethereum adoption, today announced the purchase of 1,000,000 shares of its common stock at an average purchase price of $16.67 per share as part of the Company's ongoing stock buyback program, which was initially announced in late August 2025. 

Key Highlights for the Week Ending September 14, 2025

• No capital was raised through the ATM facility.
• Total staking rewards rose to 3,240 ETH since launching SharpLink's treasury strategy on June 2, 2025.
• Total ETH holdings increased to 838,152, currently valued at $3.86 billion.
• ETH Concentration is 3.97, up over 98% since June 2, 2025.

A total of 1,938,450 shares of common stock have been repurchased by the Company since initiating its stock buyback program earlier this month, inclusive of the 1,000,000 share buyback which occurred on Monday, September 15, 2025.

The Company continues to believe its common stock is significantly undervalued in the market, and that stock repurchases represent the best method to maximize stockholder value under current market conditions. As of September 14, 2025, SharpLink had a NAV of $3.86 billion, representing a NAV per fully diluted share of approximately $18.55*, and no outstanding debt obligations. Moreover, nearly 100% of its ETH is staked, generating material revenue for the Company. SharpLink expects to continue repurchasing additional shares based on market conditions using cash on hand, cash available from operating activities like staking, or alternative forms of financing.

Posted In: SBET