StockWatch
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Computer Software: Prepackaged Software
BuybackJun 30, 2026, 08:02 AM

Sharplink Buys 10,000 ETH; Repurchases 2.13M Shares

AI Summary

Sharplink, Inc. announced the purchase of 10,000 ETH at an average price of $1,611 per ETH, increasing its total ETH holdings to 886,725. The company also repurchased 2,132,773 shares of its common stock at an average price of $4.69 per share, bringing the total repurchased shares to over 4 million since August 2025. These actions follow a successful $75 million registered direct offering, strengthening the balance sheet and supporting the company's ETH treasury management strategy.

Key Highlights

  • Sharplink purchased 10,000 ETH at an average price of $1,611 per ETH.
  • Total ETH holdings increased to 886,725 as of June 28, 2026.
  • Repurchased 2,132,773 shares of common stock at an average price of $4.69 per share.
  • Total shares repurchased since August 2025 reached 4,071,223.
  • Raised $75 million via a registered direct offering of common stock and warrants.