Overview
- The company bought 19,271 ETH at an average price of $3,892, marking its first disclosed purchase since late August.
- Combined reserves total roughly $3.5 billion, including about $36.4 million in cash and equivalents.
- Reported holdings comprise 601,143 native ETH plus 258,710 ETH presented as as‑if redeemed from LsETH.
- Staking operations have generated 5,671 ETH in rewards since June as the firm's ETH Concentration metric rose to 4.0, doubling since launch.
- Shares traded roughly flat to slightly lower after the update, and multiple outlets place SharpLink among the largest public ETH treasuries, second to BitMine.