Overview

• SharpLink acquired 56,533 ETH between Aug. 18 and Aug. 24 at an average price of $4,462 per token.
• The firm raised $360.9 million in net proceeds via its at-the-market program last week and reports roughly $200 million in cash available for further buys.
• Board approval for up to $1.5 billion in stock repurchases targets times when shares trade at or below the net asset value of the company’s Ether holdings.
• Total staking rewards have reached 1,799 ETH since the treasury strategy launched in June.
• With about $3.6–$3.7 billion in Ether, SharpLink ranks as the No. 2 corporate holder behind BitMine Immersion Technologies.