Management to Host Conference Call on Thursday, November 13, 2025 at 8:30 AM ET

MINNEAPOLIS, MN, Nov. 12, 2025 (GLOBE NEWSWIRE) — SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced its financial results for the third quarter ended September 30, 2025, and provided key highlights relating to the continued execution of its ETH treasury strategy.

“The third quarter of 2025 marked our first full quarter executing on SharpLink’s ETH treasury strategy, and the results clearly validate our execution. To date, we’ve deployed nearly all of our ETH holdings into productive, yield-generating staking, while maintaining disciplined risk management. Moreover, we recently announced that we intend to allocate $200 million in ETH for deployment on Consensys’ Linea platform via ether.fi and EigenCloud to responsibly generate enhanced Ethereum DeFi yields. Importantly, we’ve doubled our ETH per share concentration from 2.0 to 4.0 since inception of the treasury and continue to focus on long-term value accretion for our stockholders,” stated Joseph Chalom, Co-CEO of SharpLink.

Third Quarter 2025 Highlights

• Total revenue increased to approximately $10.8 million in Q3 2025, up more than 1,100% from $0.9 million reported for the three months ended September 30, 2024, driven by strong performance from SharpLink’s actively managed ETH treasury.
• Net income rose sharply to approximately $104.3 million, or $0.62 per fully diluted share, for the three months ended September 30, 2025, compared to a net loss of approximately $885,000, or $(3.02) per fully diluted share, in the prior year’s third quarter period.
• The Company’s ETH holdings totaled approximately 817,747 ETH¹ as of September 30, 2025, increasing to 842,084 ETH² as of November 9, 2025.
• Crypto assets totaled approximately $3.0 billion and cash on hand was $11.1 million with $26.7 million in USDC stablecoins at September 30, 2025.

¹ Total ETH holdings are comprised of 580,841 native ETH and 236,906 as-if-redeemed liquid staking (“LsETH”).
² Total ETH holdings are comprised of 637,752 native ETH and 204,332 as-if-redeemed LsETH.

Key Operational Highlights

• In August, SharpLink’s Board of Directors authorized a $1.5 billion stock repurchase program providing for the repurchase of up to $1.5 billion of SharpLink’s outstanding shares of common stock. As of September 30, 2025, the Company had repurchased 1,938,450 shares of its common stock for $31.6 million.

• In September, Superstate and SharpLink partnered to launch tokenized SBET on Ethereum.

• In mid-October, the Company announced the pricing of a $76.5 million registered direct offering priced at a 12% premium to SharpLink’s closing share price on October 15, 2025, and at a premium to the net asset value of its then-current ETH holdings.

• In October, the Company expanded its executive leadership team with the appointments of FalconX and Bridgewater alum, Matthew Sheffield, as Chief Investment Officer; Former Bain Capital Crypto Head of Marketing, Mandy Campbell, as Chief Marketing Officer; and Consensys and JPMorgan veteran, Michael Camarda, as Chief Development Officer.

• In late October, SharpLink announced a collaboration to deploy $200 million of its ETH treasury holdings on Consensys’ Linea, a zkEVM Layer 2 network, via ether.fi and EigenCloud to unlock enhanced Ethereum DeFi yields.

“SharpLink is pioneering a new model for publicly traded ETH treasury companies – one that marries the agility of an active asset manager with the transparency of a public company,” continued Chalom. “Our ability to dynamically manage capital, pursue sophisticated compounding yield strategies and partner with many of the most revered names in the Ethereum ecosystem, puts SharpLink in pole position as the Ethereum institutional supercycle accelerates.”

Conference Call Details

SharpLink’s executive team will host a conference call, followed by a question-and-answer period, tomorrow morning, Thursday, November 13, 2025, beginning at 8:30 AM ET. Please use one of the following methods to access to the call:

Toll-free dial-in number: (877) 407-2988
International dial-in number: (201) 389-0923
Webcast: SharpLink’s Q3 2025 Earnings Call

Participants can also access the Company’s earnings call using the call me option here for instant telephone access to the event, which will be active 15 minutes before the scheduled start time. A telephonic replay will be available approximately three hours after the conference call concludes through Thursday, November 27, 2025.

Toll-free replay number: (877) 660-6853
International replay number: (201) 612-7415
Replay ID: 13756869

A link to the live webcast and replay will also be available at https://investors.sharplink.com. 

For more detailed information, please refer to the Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2025 filed with the U.S. Securities and Exchange Commission, and accessible at www.sec.gov or on SharpLink’s website found at www.sharplink.com.

About SharpLink Gaming, Inc.

Headquartered in Minneapolis, Minnesota, SharpLink Gaming, Inc. (Nasdaq: SBET) is one of the world’s largest publicly traded companies to adopt ETH as its primary treasury reserve asset – a move that aligns the Company with the future of digital capital and gives investors direct exposure to Ethereum, the world’s leading smart-contract platform and second largest digital asset. Learn more at www.sharplink.com.

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 Company’s ability to repurchase additional shares of SharpLink’s common stock through its stock repurchase program, potential use of the Company’s ATM facility, the Company’s ability to achieve profitable operations, fluctuations in the market price of ETH that will impact the Company’s accounting and financial reporting (see accounting rules discussed below), government regulation of cryptocurrencies and online betting, changes in securities laws or regulations, customer acceptance of new products and services, the demand for its products and its customers’ economic condition, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of the Company, changes in applicable laws or regulations, and its competitors, general economic conditions and other risk factors detailed 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: [email protected]

SharpLink’s Media Contact:
Email: [email protected]

MINNEAPOLIS, MN, Nov. 06, 2025 (GLOBE NEWSWIRE) — SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced that the Company will host a conference call on Thursday, November 13, 2025 at 8:30 A.M. Eastern Time to discuss its financial and operating results for the three and nine months ended September 30, 2025. The Company will release its financial results in a press release prior to the call.

SharpLink’s executive team will host the conference call, followed by a question-and-answer period. The conference call details are as follows:

Date: Thursday, November 13, 2025
Time: 8:30 A.M. Eastern Time
Toll-free dial-in number: (877) 407-2988
International dial-in number: (201) 389-0923
Webcast: SharpLink’s Q3 2025 Earnings Call

Participants can also access the Company’s earnings call using the call me option here for instant telephone access to the event, which will be active 15 minutes before the scheduled start time.

A telephonic replay will be available approximately three hours after the conference call concludes through Thursday, November 27, 2025.

Toll-free replay number: (877) 660-6853
International replay number: (201) 612-7415
Replay ID: 13756869

A link to the live webcast and replay will also be available at https://investors.sharplink.com. The Company encourages all participants to register at least 15 minutes prior to the 8:30 a.m. ET start time. If you have any difficulty registering or connecting with the conference call, please contact Elevate IR at (720) 330-2829.

About SharpLink Gaming, Inc.

Headquartered in Minneapolis, Minnesota, SharpLink Gaming, Inc. (Nasdaq: SBET) is one of the world’s largest publicly traded companies to adopt ETH as its primary treasury reserve asset – a move that aligns the Company with the future of digital capital and gives investors direct exposure to Ethereum, the world’s leading smart-contract platform and second largest digital asset. Learn more at www.sharplink.com.

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 other statements accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to repurchase shares of SharpLink’s common stock, if any, in the open market through its stock repurchase program, potential use of the Company’s ATM facility, the Company’s ability to achieve profitable operations, fluctuations in the market price of ETH that will impact the Company’s accounting and financial reporting (see accounting rules discussed below), government regulation of cryptocurrencies and online betting, changes in securities laws or regulations, customer acceptance of new products and services, the demand for its products and its customers’ economic condition, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of the Company, changes in applicable laws or regulations, and its competitors, general economic conditions and other risk factors detailed 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 digital intangible 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 that are considered digital intangible 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 digital intangible assets below the cost value at which the Company’s digital intangible 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: [email protected]

SharpLink’s Media Contact:
Email: [email protected]

Deployment will include combined ether.fi and EigenCloud institutional-grade staking and restaking offerings, providing DeFi yield and incentives, as well as exposure to emerging AI workloads secured by Ethereum.

SharpLink’s ETH is held and deployed through Anchorage Digital Bank, setting a new benchmark for ETH treasury strategies.

Minneapolis, MN, Oct. 28, 2025 (GLOBE NEWSWIRE) — SharpLink Gaming, Inc. (Nasdaq: SBET), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced a collaboration to deploy ETH from its corporate treasury onto Linea, a zkEVM Layer 2 network bootstrapped by Consensys. SharpLink plans to allocate $200 million in ETH for deployment on Linea in a risk-managed manner over a multi-year commitment period. As a public entity operating at the forefront of Digital Asset Treasury (“DAT”) innovation, SharpLink is leveraging Linea’s institutional-grade infrastructure to make its ETH even more productive by unlocking scalable, secure and composable ways to optimize onchain yield.

This deployment on Linea brings together leading ecosystem participants in an innovative collaboration that allows SharpLink to capture highly competitive, differentiated, risk-adjusted, ETH-denominated returns. The strategy is supported by institutional-grade risk management, leveraging the scale of its digital asset treasury with the custodian protections of Anchorage Digital Bank, SharpLink’s qualified custodian. The yield combines native Ethereum yield, restaking rewards from securing EigenCloud Autonomous Verifiable Services (AVSs), and direct Linea and ether.fi partner incentives, all within a compliant Layer 2 infrastructure.

Joseph Chalom, Co-CEO of SharpLink, stated, “As one of the largest public holders of ETH, we manage our treasury with institutional rigor and discipline. This deployment enables us to access the best of Ethereum’s staking, restaking and DeFi yield, while maintaining the institutional safeguards our stockholders expect. We are proud to be among the early institutional adopters of Linea’s infrastructure, which leads the Ethereum Layer 2 ecosystem in terms of its standards for composability, scalability and security. This is a foundational step in our broader strategy to responsibly generate enhanced staking yield and optimize treasury performance in a way that maximizes stockholder value, and marks the beginning of a much larger effort.”

Collaboration Establishes New Institutional Pathway to DeFi Yield on Linea

This innovative partnership positions Linea as an emerging home for institutional ETH capital and EigenCloud as a trusted source of ETH-denominated yield. Moreover, it reinforces SharpLink’s institutional approach to actively managing and deploying its treasury assets. This also reflects SharpLink’s strategy to advance the Ethereum ecosystem, prioritizing institutional risk management while leveraging Ethereum’s leading position in capital liquidity, trust and security.

“Ethereum is becoming the programmable foundation for a new generation of financial markets,” noted Joseph Lubin, Founder and CEO of Consensys, Co-Founder of Ethereum and Chairman of SharpLink. “Linea was built to ensure that ETH is not just used but made more productive with every deployment. Through this initial innovative collaboration, SharpLink’s ETH will earn enhanced native yield through Linea’s ecosystem partners, ether.fi and EigenCloud. It’s a model we believe other institutions will adopt as they look for safe, efficient ways to operate onchain.”

Mike Silagadze, CEO of ether.fi, stated, “We are honored to be a primary staking solution for SharpLink’s Treasury ETH. At scale, ETH treasury managers need trusted, efficient venues to put their assets to work — and these companies are setting the standard for doing so with both trust and operational excellence. We will continue to focus on bringing the best risk adjusted returns to institutions.”

“SharpLink’s commitment positions them at the foundation of a verifiable economy that’s just beginning to scale. Together with Consensys and Linea, they’re enabling EigenCloud to make possible a new generation of services secured by ETH, like verifiable AI, insured DeFi and trustless infrastructure that together expand the total addressable market for Ethereum. As this economy grows, so do yield opportunities for the institutional capital securing these apps, agents and services. What excites me about this deployment is not just what it delivers today, but what it enables tomorrow. We’ve created infrastructure for a new class of applications that couldn’t be built without this combination of platforms,” added Sreeram Kannan, Founder and CEO of Eigen Labs.

Nathan McCauley, CEO and Co-Founder of Anchorage Digital, noted “Ethereum’s institutional era demands infrastructure that’s every bit as secure and regulated as traditional finance. At Anchorage Digital, we’re proud to power SharpLink’s staking solution on Linea—proving that innovation and compliance can and should move in lockstep.”

Deployment Optimized for Institutional ETH Yields Using Linea and DeFi Infrastructure

Linea provides financial institutions with a secure, Ethereum-aligned foundation to execute high-volume operations while benefiting from faster settlement, lower fees and composability with the broader Ethereum ecosystem. Linea’s architecture is designed to accommodate complex institutional workflows while preserving Ethereum’s credible neutrality.

This innovative deployment marks the beginning of a broader partnership between SharpLink and Consensys to co-develop institutional, composable capital markets primitives. Together, the two companies aim to pioneer new models for onchain capital raises, programmable liquidity tools and tokenized equity strategies, helping shape a capital markets paradigm where assets are always-on, interoperable and globally accessible.

About SharpLink Gaming, Inc.

SharpLink Gaming, Inc. (Nasdaq: SBET) is one of the world’s largest publicly traded companies to adopt ETH as its primary treasury reserve asset – a move that aligns the Company with the future of digital capital and gives investors direct exposure to Ethereum, the world’s leading smart-contract platform and second largest digital asset. Learn more at www.sharplink.com.

About Consensys

Consensys is the leading Ethereum software company, building the infrastructure, tools, and protocols that power the world’s largest decentralized ecosystem. Founded in 2014 by Ethereum co-founder Joseph Lubin, Consensys has played a foundational role in Ethereum’s growth, from pioneering products like MetaMask, Linea and Infura to shaping protocol development and staking infrastructure. Today, Consensys continues to lead Ethereum’s evolution through strategic R&D, and direct contributions to network upgrades like the Merge and Pectra. With a global product suite, and deep roots across the ecosystem, Consensys is uniquely positioned to accelerate Ethereum’s role as the trust layer for a new global economy, one that is decentralized, programmable, and open to all. Consensys is a strategic advisor to and an investor in SharpLink. To learn more, visit consensys.io.

About EigenCloud

EigenCloud is the world’s first verifiable cloud, enabling developers to build applications, AI products and AI agents that are provably trustworthy. Built on top of the EigenLayer restaking protocol, EigenCloud extends Ethereum’s security across the digital and even physical world, allowing developers to verify any input, event, or computation using cryptoeconomic guarantees. With primitives like EigenAI for verifiable inference, EigenCompute for secure offchain execution, and EigenDA for high-throughput data availability, EigenCloud introduces verifiability-as-a-service to launch a new era of cloud computing. Its services are backed by over $20B in staked assets, with more than 190 Autonomous Verifiable Services (AVSs) in development and 40+ live on mainnet. For more information, visit eigencloud.xyz.

About Anchorage Digital

Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital principal trading services are provided through A1 Ltd. Anchorage Digital agency trading services offered to N.Y. clients exclusively through Anchorage Digital New York. The company is funded by leading institutions, including Andreessen Horowitz, GIC, Goldman Sachs, KKR and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York City; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.

About ether.fi

ether.fi is a leading non-custodial DeFi protocol that institutions and investors use to stake, restake, and spend their ETH, BTC, and stablecoins. This combination has allowed ether.fi to be the leading DeFi banking alternative. With over $11 billion in total value locked, ether.fi enables users to securely save, grow, and spend using their crypto assets. For details, visit ether.fi.

SharpLink’s 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, the execution of the Company’s treasury strategy and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to enter into a definitive agreement with Consensys related to deployment of its ETH assets on Linea, the Company’s ability to successfully deploy its ETH assets on Linea and generate onchain yield, the Company’s ability to achieve profitable operations, fluctuations in the market price of ETH that will impact the Company’s accounting and financial reporting (see accounting rules discussed below), government regulation of cryptocurrencies and online betting, changes in securities laws or regulations, customer acceptance of new products and services, the demand for its products and its customers’ economic condition, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of the Company, changes in applicable laws or regulations, and its competitors, general economic conditions and other risk factors detailed 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 digital intangible 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 that are considered digital intangible 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 digital intangible assets below the cost value at which the Company’s digital intangible 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.

Contacts:

SharpLink: Media: [email protected]; Investor Relations: [email protected]

Consensys: [email protected]