SharpLink acquired 10,000 ETH at an average price of $1,611 per token, raising total ETH holdings to 886,725. The company also repurchased 2,132,773 common shares, making treasury growth and stock buybacks the same capital-allocation story.
The update affects shareholders tracking how SharpLink manages financing proceeds and ETH exposure. SharpLink said it raised $75 million through a registered direct offering and has now repurchased 4,071,223 shares since starting its buyback program in August 2025, so ETH per share remains the stated management lens.
The next point to watch is whether additional purchases or repurchases follow under volatile ETH accounting rules. SharpLink disclosed holdings as of June 28 across native ETH, LsETH and weETH equivalents, meaning future balance-sheet swings could be material even without new trades.
Source: SharpLink, Inc.
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