Welcome to our dedicated page for Sharplink SEC filings (Ticker: SBET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sharplink, Inc.'s SEC filings document its transition into an Ethereum treasury company, its Nasdaq-listed common stock under SBET, and formal disclosures for financial results, ETH holdings, staking activity and related treasury-management arrangements. Current reports include Regulation FD releases, results-of-operations exhibits, material agreement terminations, and other events tied to the company's ETH strategy and affiliate marketing operations.
Proxy and governance filings describe annual meeting voting, director elections, auditor ratification, advisory compensation votes, executive-compensation practices, and board matters. Other 8-K disclosures record the completed corporate name change from SharpLink Gaming, Inc. to Sharplink, Inc., amendments to charter and bylaws, leadership changes, and risk language around staking activities subject to changing regulation and guidance.
Sharplink, Inc. director Obie McKenzie reported recent trades in company stock. On May 12, 2026, he completed an open-market sale of 12,892 shares of common stock at an average price of $7.4081 per share, leaving him with 24,998 shares held directly.
Earlier, on April 10, 2026, he acquired 11,503 shares of common stock valued at $6.52 per share through a grant and vesting of restricted stock units under the Non-Employee Director Compensation Program. A prior September 30, 2025 filing shows the exercise of 1,389 shares from a derivative award at a stated price of $0.00 per share.
Sharplink, Inc. director Bernhard Leslie reported both share awards and a sale of common stock. On May 12, 2026, he completed an open-market sale of 12,892 shares of common stock at an average price of $7.4081 per share, leaving him with 24,998 shares held directly after the sale.
Earlier, on April 10, 2026, he acquired 11,503 fully vested shares of common stock at $6.52 per share as a grant under Sharplink’s Non-Employee Director Compensation Program for his board service, and the filing notes this price was based on the closing share price that day. On September 30, 2025, he also acquired 1,389 shares at a price of $0.00 per share upon vesting of restricted stock units.
Sharplink, Inc. director Robert M. Gutkowski reported both sales and equity awards of common stock. On May 12, 2026, he executed an open-market sale of 12,892 shares of common stock at $7.4058 per share, leaving him with 24,998 shares held directly afterward.
Earlier, on April 10, 2026, he acquired 11,503 shares at a reference price of $6.52 per share through a grant or award, including shares received upon vesting of restricted stock units and fully vested stock granted under the company’s Non-Employee Director Compensation Program. A prior transaction on September 30, 2025 reflects the exercise of 1,389 shares from a derivative security at a recorded price of $0.00.
Sharplink, Inc. filed an initial ownership report for Chief Accounting Officer Dana Eschenburg Perez. The filing shows direct holdings of the company’s common stock, including 35,000 shares underlying restricted stock units granted on September 18, 2025.
According to the vesting terms, one-third of these RSUs will vest on the first anniversary of September 9, 2025, with the remaining units vesting in equal quarterly installments over eight subsequent vesting dates on September 30, December 31, March 31, and June 30 of following years, subject to continued service.
Sharplink, Inc. reported first-quarter 2026 results showing ETH-driven growth alongside significant accounting losses. Total revenue rose to $12.1 million, up from $0.7 million a year earlier, mainly from its actively managed Ethereum treasury and staking operations.
Despite higher revenue, Sharplink recorded a net loss of $685.6 million, largely due to a $506.7 million unrealized loss on crypto assets and a $191.7 million impairment on LsETH under U.S. GAAP rules. These charges do not reduce the number of ETH held, and the company’s crypto assets totaled about $1.7 billion as of March 31, 2026.
Sharplink’s ETH holdings were 870,821 ETH as of March 31, 2026 and increased to 872,984 ETH as of May 4, 2026. The company also highlighted its ETH per share metric doubling to 4.02 since launching its Ethereum treasury strategy in June 2025.
Separately, Sharplink and Galaxy Digital signed a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund, targeting $125 million in commitments, including $100 million from Sharplink’s staked Ethereum treasury and $25 million from Galaxy, to pursue institutional onchain yield strategies.
Sharplink, Inc. reported first-quarter 2026 results showing ETH-driven growth alongside significant accounting losses. Total revenue rose to $12.1 million, up from $0.7 million a year earlier, mainly from its actively managed Ethereum treasury and staking operations.
Despite higher revenue, Sharplink recorded a net loss of $685.6 million, largely due to a $506.7 million unrealized loss on crypto assets and a $191.7 million impairment on LsETH under U.S. GAAP rules. These charges do not reduce the number of ETH held, and the company’s crypto assets totaled about $1.7 billion as of March 31, 2026.
Sharplink’s ETH holdings were 870,821 ETH as of March 31, 2026 and increased to 872,984 ETH as of May 4, 2026. The company also highlighted its ETH per share metric doubling to 4.02 since launching its Ethereum treasury strategy in June 2025.
Separately, Sharplink and Galaxy Digital signed a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund, targeting $125 million in commitments, including $100 million from Sharplink’s staked Ethereum treasury and $25 million from Galaxy, to pursue institutional onchain yield strategies.
Sharplink, Inc. reported a net loss of $685.6 million for the quarter ended March 31, 2026, largely driven by crypto-related fair value and impairment charges. The company’s ETH-focused treasury strategy generated staking revenue of $11.5 million and affiliate marketing revenue of $0.6 million.
Unrealized losses on crypto assets at fair value totaled $506.7 million, and impairment on liquid staking tokens added another $191.7 million of expense. Total crypto assets were reported at $1.24 billion at fair value and $486.9 million at cost. Stockholders’ equity declined to $1.74 billion, with an accumulated deficit of $1.50 billion. Cash was $16.9 million, down from $28.5 million at year-end.
Sharplink, Inc. has a major shareholder group led by Joseph Michael Lubin updating its ownership after warrant exercises and estate-planning moves. Lubin now beneficially owns 16,543,084 shares of common stock, representing 7.8% of the class, based on 212,430,992 assumed shares outstanding.
His holdings include 5,154,213 shares held directly and additional shares through entities such as Consensys Software Inc., Consensys AG, Permanent Highest Power Capital LLC and Ethereal Ventures Fund II L.P. On April 15, 2026, Lubin contributed pre-funded warrants for 1,200,000 shares to PHPC LLC and then gifted PHPC’s interests to the Gradient Ascent Trust but retains beneficial ownership as PHPC’s sole manager.
That same day, CSI exercised 5,462,952 pre-funded warrants, while Lubin and PHPC exercised 5,154,213 and 1,200,000 pre-funded warrants, respectively. Lubin and CSI intend to work with Sharplink on its Ethereum Treasury Strategy, while the other reporting entities do not currently plan a direct role in the company’s business or capital structure.
Sharplink, Inc. director-related entities restructured their position by exercising pre-funded warrants into Common Stock and reallocating those warrants among affiliated vehicles. On April 15, 2026, Consensys Software, Inc. exercised pre-funded warrants to receive 3,966,340 shares of Common Stock at an exercise price of $0.0001 per share, and held a total of 5,676,952 shares indirectly associated with director Joseph Michael Lubin.
On the same date, Lubin held 5,154,213 shares of Common Stock directly after exercising pre-funded warrants, and Permanent Highest Power Capital LLC, a family-related entity, held 1,200,000 shares following its exercises. Additional indirect holdings include shares held by ConsenSys AG and Ethereal Ventures Fund II L.P. The filing notes that Lubin disclaims beneficial ownership of most entity-held securities except to the extent of his pecuniary interest.
The transactions also include 2,400,000 pre-funded warrants transferred as bona fide gifts, and all reported pre-funded warrants at an exercise price of $0.0001 per share were exercisable until fully used. No remaining derivative positions are shown after these exercises, indicating a shift from warrant-based exposure to Common Stock held directly and through affiliated entities.
Sharplink, Inc. held its 2026 annual meeting of stockholders via webcast, with 109,754,580 common shares represented, or about 55.66% of the 197,161,623 shares outstanding as of the March 6, 2026 record date, establishing a quorum.
Stockholders elected Joseph Lubin, Joseph Chalom, Leslie Bernhard, Obie McKenzie, and Robert Gutkowski as directors for one-year terms. They also ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026, and approved, on an advisory and non-binding basis, the compensation of the company’s named executive officers.
Sharplink, Inc. has mutually agreed to end its external Ethereum asset management arrangements with Galaxy Digital Capital Management LP and ParaFi Capital LP. The asset management agreements, originally signed on May 30, 2025, will terminate effective May 31, 2026, with no termination fees or penalties.
After termination, neither side will have ongoing obligations beyond amounts set in the termination agreements. Sharplink notes the decision reflects its evolution, including adding internal asset management personnel, and states it did not arise from any disagreement with Galaxy or ParaFi.