SharpLink Gaming Buys Back Shares and Expands Ethereum Treasury!

Updated

September 17, 2025

Gambar SharpLink Gaming Buys Back Shares and Expands Ethereum Treasury!

Jakarta, Pintu News – SharpLink Gaming, based in Minneapolis and listed on NASDAQ under the code SBET, recently announced the buyback of one million of its own shares at an average price of $16.67. This is part of its ongoing $1.5 billion share buyback program.

Since the program was approved in August, the company has spent nearly $32 million to buy back about 1.93 million shares. The company emphasizes that this move is an effort to increase value for shareholders.

Joseph Chalom, co-CEO of SharpLink, stated that the company continues to focus on shareholder value and the expansion of their Ethereum concentration demonstrates a long-term commitment to Ethereum and shareholders.

Big Expansion of Ethereum Treasuries

SharpLink also announced that their Ethereum treasury has grown to 838,152 ETH, worth approximately $3.7 billion based on current prices. This growth includes the addition of 922 ETH since August 31 and 3,240 ETH gained from staking since June, which is worth approximately $14.4 million.

sharplink gaming — Source: Yahoo Finance

Almost their entire holding is staked, and the company emphasizes that they have no debt. This increase demonstrates the company’s strategy of using digital assets to create significant value. By relying on staking, SharpLink not only strengthens its financial position but also supports the Ethereum ecosystem as a whole.

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SharpLink has revealed that they will only buy back shares when their net asset value (NAV) falls below 1, indicating that the shares are undervalued. Currently, their NAV stands at 0.91x, indicating that their share price is underperforming compared to the value of the Ethereum they hold.

The company believes that their shares are highly undervalued in the market, and share buybacks are considered the best method to maximize shareholder value under current market conditions. The buyback program is being financed with existing cash, staking income, and other financing options.

Conclusion

With a strong strategy and focus on digital assets, SharpLink Gaming shows how companies can capitalize on market trends to increase value for shareholders. Although their share price has taken a dip, the steps taken show a long-term view that will likely benefit shareholders in the future.

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