Overview

• The latest purchase lifts total buybacks to 1,938,450 shares with about $32 million deployed under a $1.5 billion authorization.
• SharpLink reports holding 838,152 ETH, giving a net asset value of roughly $3.86 billion and about $18.55 per fully diluted share, with no debt.
• Nearly all ETH is staked, generating 3,240 ETH in cumulative rewards and raising the firm's ETH Concentration metric to 3.97.
• SBET shares traded roughly 2.6%–2.8% lower around $16.32–$16.33 after the announcement.
• The company says future repurchases may be funded by cash, staking income, or alternative financing, and it is the second-largest corporate ETH holder after BitMine.