Bill Papanastasiou

Brian Kinstlinger

Devin Ryan

Joseph Vafi

Kevin Dede

- **SharpLink Gaming, Inc. (Nasdaq: SBET)** announced its intention to **tokenize its SEC-registered common stock directly on the Ethereum blockchain**.  **[1981535_0001493152-25-014866_ex99-1.htm:0]** 
- The company is partnering with **Superstate** as its Digital Transfer Agent, utilizing Superstate's **Opening Bell platform** for this initiative.  **[1981535_0001493152-25-014866_ex99-1.htm:0]** 
- This strategic move aims to demonstrate how public companies can leverage blockchain infrastructure to enhance shareholder value, improve market efficiency, and enable compliant trading of tokenized equities on **Automated Market Makers (AMMs)** and decentralized finance (DeFi) protocols.  **[1981535_0001493152-25-014866_ex99-1.htm:0]** 
- As of late September, SharpLink has accumulated **more than 838,000 ETH** and generated **3,815 ETH in native and liquid staking rewards**, establishing itself as one of the largest corporate holders of Ethereum.  **[1981535_0001493152-25-014866_ex99-1.htm:1]**

SharpLink Gaming to Tokenize Common Stock on Ethereum

- SharpLink Gaming, Inc. (SBET) repurchased **1,000,000 shares** of its common stock on **September 15, 2025**, at an average price of **$16.67 per share**, as part of its ongoing stock buyback program.  **[1981535_0001493152-25-013634_ex99-1.htm:0]** **[1981535_0001493152-25-013634_form8-k.htm:2]** 
- The company's Board of Directors approved a **$1.5 billion** share repurchase program on **August 21, 2025**, and a total of **1,938,450 shares** have been repurchased since the program's initiation.  **[1981535_0001493152-25-013634_ex99-1.htm:0]** **[1981535_0001493152-25-013634_form8-k.htm:2]** 
- As of **September 14, 2025**, SharpLink's total ETH holdings increased to **838,152**, valued at **$3.86 billion**, and it had generated **3,240 ETH** in staking rewards since June 2, 2025.  **[1981535_0001493152-25-013634_ex99-1.htm:0]** **[1981535_0001493152-25-013634_form8-k.htm:2]** 
- The company reported a Net Asset Value (NAV) of **$3.86 billion** as of **September 14, 2025**, representing approximately **$18.55** per fully diluted share.  **[1981535_0001493152-25-013634_ex99-1.htm:0]**

SharpLink Gaming, Inc. announces share buyback and ETH holdings update

- SharpLink Gaming, Inc. (SBET) reported its total Ether (ETH) holdings reached **837,230** as of **August 31, 2025**, with total staking rewards increasing to **2,318 ETH** since the treasury strategy's launch on **June 2, 2025**.  **[1981535_0001493152-25-012518_ex99-1.htm:0]** **[1981535_0001493152-25-012518_form8-k.htm:2]** 
- For the week ending **August 31, 2025**, the company acquired **39,008 ETH** at an average purchase price of **$4,531**.  **[1981535_0001493152-25-012518_ex99-1.htm:0]** **[1981535_0001493152-25-012518_form8-k.htm:2]** 
- SharpLink also raised **$46.6 million** in net proceeds through its At-the-Market (ATM) facility during the week ending **August 29, 2025**.  **[1981535_0001493152-25-012518_ex99-1.htm:0]** **[1981535_0001493152-25-012518_form8-k.htm:2]**

SharpLink Gaming (SBET)