SharpLink Broadcasts Total ETH Holdings Rise to 837,230 as of August 31, 2025

Total Staking Rewards Increased to 2,318 ETH as of August 31, 2025

MINNEAPOLIS, MN, Sept. 02, 2025 (GLOBE NEWSWIRE) — SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of many world’s largest company holders of Ether (“ETH”) and outstanding business advocate of Ethereum adoption, as we speak issued its replace on the Company’s ETH purchases for the interval Monday, August 25, 2025 by means of Sunday, August 31, 2025; and capital raised by means of its At-the-Market (“ATM”) facility in the course of the week Monday, August 25 by means of Friday, August 29, 2025.

“SharpLink continues to execute our treasury strategy with precision, successfully growing our ETH holdings to 837,230 and consistently earning staking rewards. We remain opportunistic in our capital raising initiatives and will continue to closely monitor market conditions to maximize shareholder value,” said Joseph Chalom, Co-Chief Executive Officer of SharpLink.

Key Highlights for the Week Ending August 31, 2025:

• Purchased 39,008 ETH.
• $46.6 million in internet proceeds have been raised by means of the ATM facility this previous week.
• Average ETH buy worth for the week was $4,531.
• Total ETH holdings elevated to 837,230, presently valued at over $3.6 billion.
• Total staking rewards rose to 2,318 ETH since launch of treasury technique on June 2, 2025.
• ETH Concentration rose to three.94, up over 97% since June 2, 2025.
• Approximately $71.6 million money and equivalents readily available.

Weekly ETH and Capital Summary

		Week Ending
Units of ETH (Okay)		8/10/25				8/17/25				8/24/25				8/31/25
Beginning Balance			521.9				596.8				740.8				797.7
ETH Acquired			74.8				143.6				56.5				39.0
ETH Staking Rewards			0.1				0.3				0.4				0.5
Ending Balance			596.8				740.8				797.7				837.2
Avg ETH Purchase Price		$	4,051			$	4,648			$	4,462			$	4,531
ETH Concentration*			3.59				3.87				3.80				3.94
ATM Shares Issued (m)			13.5				6.6				18.6				2.4
ATM Net Proceeds ($m)		$	291.8			$	146.5			$	360.9			$	46.6

* To improve transparency into the Company’s yield efficiency, SharpLink launched a brand new reporting metric referred to as “ETH Concentration.” This metric is calculated by dividing the variety of ETH SharpLink holds by every 1,000 assumed diluted shares issued and excellent (“Assumed Diluted Shares Outstanding”). Assumed Diluted Shares Outstanding represents the sum of (i) SharpLink’s precise shares of frequent inventory issued and excellent as of the tip of every reporting interval, inclusive of disclosed ATM gross sales, plus (ii) the extra shares that might be issued upon the assumed train or settlement of all excellent warrants, pre-funded warrants, inventory possibility awards, and restricted inventory models. Notably, Assumed Diluted Shares Outstanding shouldn’t be calculated utilizing the treasury inventory methodology. It doesn’t account for fairness award vesting situations, inventory possibility train costs, or contractual restrictions limiting the convertibility of debt devices. Additionally, it excludes any assumed share repurchases that might ordinarily be thought of below the treasury inventory methodology. Cash-converted foundation assumes full money deployment into ETH at week-ending closing worth.

About SharpLink Gaming, Inc.

Headquartered in Minneapolis, Minnesota, SharpLink Gaming, Inc. (Nasdaq: SBET) is likely one of the world’s largest publicly traded corporations to undertake Ether (“ETH”) as its major treasury reserve asset – a transfer that aligns the Company with the way forward for digital capital and provides traders direct publicity to Ethereum, the world’s main smart-contract platform and second largest digital asset.

SharpLink can be reimagining the way forward for on-line gaming. Backed by a veteran crew with deep roots in sports activities media, gaming and know-how, SharpLink is charting a brand new course – constructing scalable, safe and clear options that problem outdated fashions and convey actual innovation to the consumer expertise. Learn extra at www.sharplink.com.

Forward-Looking Statement

Statements on this press launch about future expectations, plans and prospects, in addition to every other statements concerning issues that aren’t historic information, could represent “forward-looking statements” inside the that means of the Private Securities Litigation Reform Act of 1995, and these forward-looking statements are topic to varied dangers and uncertainties. Such statements embrace, however are usually not restricted to, the execution of the Company’s treasury technique and different statements that aren’t historic information, together with statements which can be accompanied by the phrases “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or related phrases. Actual outcomes may differ materially from these described in these forward-looking statements because of sure components, together with with out limitation, the Company’s capacity to realize worthwhile operations, fluctuations available in the market worth of ETH that can impression the Company’s accounting and monetary reporting (see accounting guidelines mentioned beneath), authorities regulation of cryptocurrencies and on-line betting, adjustments in securities legal guidelines or laws, buyer acceptance of latest services and products, the demand for its merchandise and its prospects’ financial situation, the impression of aggressive merchandise and pricing, the prolonged gross sales cycle, proprietary rights of the Company, adjustments in relevant legal guidelines or laws, and its opponents, common financial situations and different threat components detailed within the Company’s annual report and different filings with the SEC. Under U.S. typically accepted accounting ideas, entities are typically required to measure sure crypto property at honest worth, with adjustments mirrored in internet revenue every reporting interval. Changes within the honest worth of crypto property may lead to important fluctuations to the steadiness sheet and revenue assertion outcomes. Additionally, for sure kinds of crypto property, the Company could also be required to document related impairment prices mirrored in internet revenue because of a lower available in the market worth of ETH beneath the price worth at which the Company’s ETH are carried on its steadiness sheet. Any forward-looking statements contained on this press launch communicate solely as of the date hereof, and the Company doesn’t undertake any duty to replace the forward-looking statements on this press launch.

Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
ir@sharplink.com

Media Contact:
media@sharplink.com