Form 8-K
8-K — Sharplink, Inc.
Accession: 0001493152-26-031202
Filed: 2026-06-30
Period: 2026-06-30
CIK: 0001981535
SIC: 6199 (FINANCE SERVICES)
Item: Regulation FD Disclosure
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
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8-K
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): June 30, 2026
SHARPLINK,
INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-41962
87-4752260
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
200
S. Biscayne Boulevard, Floor 20, Miami, Florida
33131
(Address
of principal executive offices)
(Zip
Code)
Registrant’s
telephone number, including area code: (612) 293-0619
Not
Applicable
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
symbol
Name
of each exchange on which registered
Common
Stock, $0.0001 per share
SBET
The
Nasdaq Stock Market, LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure.
On
June 30, 2026, Sharplink, Inc. (the “Company”) issued a press release announcing the Company’s ETH holdings to date,
gross proceeds from the registered direct offering that closed on June 23, 2026 (the “Registered Direct”), and the utilization
of its 2025 Share Repurchase Program as described herein. The press release is attached as Exhibit 99.1 to this Current Report on Form
8-K and incorporated into this item 7.01 by reference.
The
information in this Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1 is being furnished
to the U.S. Securities and Exchange Commission, and shall not be deemed to be “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section,
and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by a specific reference in such filing.
Item
8.01 Other Events.
Stock
Repurchase Program
On
August 21, 2025, the Board of Directors of the Company approved a share repurchase program (the “2025 Repurchase Program”)
providing for the repurchase of up to $1.5 billion of the Company’s outstanding shares of common stock, par value $0.0001 per share
(the “Common Stock”).
During
the period from June 24, 2026 through June 26, 2026, the Company repurchased 2,132,773 shares of Common Stock at an average purchase
price of $4.69 per share.
ETH
Update
During
the period from June 24, 2026 through June 26, 2026, the Company acquired 10,000 ETH for an aggregate purchase price of approximately
$16.1 million (inclusive of fees and expenses) at a weighted average purchase price per ETH of $1,611.04 (inclusive of fees and expenses).
The purchases were made using the proceeds the Company received from the Registered Direct as described herein.
The
Company engages in staking activities with respect to its ETH (“ETH Holdings”). As of June 28, 2026, substantially all of
the ETH Holdings were deployed in staking, including through liquid staking (“LsETH”). As of June 28, 2026, the Company’s
aggregate ETH Holdings were 886,725 of which 632,719 of the total ETH Holdings are native ETH, 181,299 ETH as-if redeemed from LsETH
and 72,707 ETH as-if redeemed from weETH.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
Exhibit
No.
Description
99.1
Press Release, dated June 30, 2026.
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
June 30, 2026
SHARPLINK,
INC.
/s/
Joseph Chalom
Joseph
Chalom
Chief
Executive Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Sharplink
Acquires 10,000 ETH, Bringing Total ETH Holdings to 886,725; Repurchases Over 2.1 Million Shares of Common Stock
MIAMI
– June 30, 2026 – (GLOBE NEWSWIRE) – Sharplink, Inc. (Nasdaq: SBET) (“Sharplink” or the “Company”),
one of the world’s largest corporate holders of Ether (“ETH”) and a prominent industry advocate of Ethereum adoption,
today announced the purchase of 10,000 ETH at an average price of $1,611 per ETH, bringing total ETH holdings1 to 886,725.
The Company also announced the repurchase of 2,132,773 shares of its common stock in the open market at an average purchase price of
$4.69 per share in connection with its ongoing stock buyback program.
Key
Company Highlights for the Week Ending June 28, 2026
● Raised
$75 million via a registered direct offering of common stock and warrants.
● Bought
10,000 ETH at an average price of approximately $1,611 per ETH.
● Total
ETH holdings1 increased to 886,725.
● Repurchased
2,132,773 shares of common stock, bringing total to 4,071,223 shares repurchased since initiating
its buyback program in August 2025.
The
Company’s ETH purchases reflect its continued commitment to growing its ETH treasury as a long-term reserve asset. Separately,
pursuant to its ongoing stock buyback program, Sharplink has repurchased its common stock, which it believes is significantly undervalued.
“The
successful completion of our $75 million registered direct offering last week has strengthened our balance sheet and provided the capital
to support our active ETH treasury management strategy. Our capital allocation philosophy is disciplined and straightforward: every financing
decision we make is based on our long-term objective to increase ETH per share,” stated Joseph Chalom, CEO of Sharplink.
1
Total ETH holdings held as of June 28, 2026, were comprised of 632,719 native ETH, 181,299 ETH as-if redeemed from LsETH and 72,707 ETH
as-if redeemed from weETH.
About
Sharplink, Inc.
Sharplink
is a leading institutional-grade Ethereum treasury platform designed to give public market investors smarter, more productive exposure
to ETH. Ethereum underpins the majority of global stablecoin, tokenized real-world assets and decentralized finance settlement. Sharplink
was founded in 2019 and is headquartered in Miami, Florida. Learn more at www.sharplink.com.
1
Forward-Looking
Statement
Statements
in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not
historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform
Act of 1995, and these forward-looking statements are subject to various risks and uncertainties. Such statements include, but are not
limited to, goals and expectations regarding the Company’s strategy and potential partnerships, and other statements accompanied
by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words, but the absence of these words does not mean that a statement is not forward-looking. Actual
results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation,
the intended use of proceeds from our recent Offering; the potential use of the Company’s ATM facility; the Company’s ability
to repurchase additional shares of its common stock under its stock repurchase program; the Company’s ability to achieve and sustain
profitable operations; volatility in the market price of ETH and its resulting impact on the Company’s accounting and financial
reporting; changes in government regulation of cryptocurrencies and online betting; changes in securities laws or other applicable regulations;
fluctuations in customer demand and overall economic conditions; competitive pressures, including competing products, pricing, and sales
cycles; the protection and enforcement of the Company’s proprietary rights; and other risks and uncertainties described in the
Company’s Annual Report and other filings with the SEC. Under U.S. generally accepted accounting principles, entities are generally
required to measure certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair
value of crypto assets could result in significant fluctuations to the balance sheet and income statement results. Additionally, for
other certain types of crypto assets, the Company uses the historical costs less impairment model. This model may require the Company
to record an associated impairment charge reflected in net income as a result of a decrease in the market price of the crypto assets
below the cost value at which the Company’s crypto assets are carried on its balance sheet. Any forward-looking statements contained
in this press release speak only as of the date hereof, and the Company does not undertake any responsibility to update the forward-looking
statements in this press release.
CONTACT:
Sharplink’s
Investor Relations Contact:
Sean
Mansouri, CFA or Aaron D’Souza | Elevate IR
Phone:
(720) 330-2829
Email:
ir@sharplink.com
Sharplink’s
Media Contact:
Email:
media@sharplink.com
2
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