Overview

• SharpLink bought 56,533 ETH at an average price of $4,462, funded by $360.9 million raised through its at-the-market equity program.
• Holdings stand at 797,704 ETH valued around $3.7 billion as of August 26, with total staking rewards reported at 1,799 ETH since June.
• About $200 million in cash remains reserved for additional Ethereum acquisitions.
• The board has authorized a $1.5 billion stock buyback program to complement the treasury strategy.
• A CryptoQuant analyst estimates invested capital at roughly $2.87 billion, implying a profit margin of about 21%, with coverage describing SharpLink as among the largest corporate ETH holders.