how about SBET and Bmnr ?
7/30/2025 06:15pm
**SharpLink Gaming (SBET) and BitMine Immersion (BMNR) present distinct investment profiles**, with SBET showing strong growth potential in Ethereum and BMNR maintaining its position as the leading publicly traded holder of Ethereum.
1. **SharpLink Gaming (SBET)**:
- **Ethereum Holdings**: SBET has aggressively expanded its Ethereum holdings, acquiring $780 million worth of ETH in July alone, boosting its total to 438,190 ETH. This growth has been fueled by strategic acquisitions and staking activities, which have generated additional ETH rewards.
- **Market Position**: SBET’s ETH concentration has risen significantly, reflecting an aggressive strategy to capitalize on Ethereum’s potential for long-term value.
- **Financial Health Indicators**: Despite the expansion, SBET’s financials show continued losses, with a net income of -$974,901 and a diluted EPS of -$1.84 for Q1 2025. Revenue for the quarter was $741,731, indicating challenges in profitability.
- **Technical Indicators**: SBET’s stock is trading below its 5-day and 10-day moving averages (ma5: 22.23, ma10: 26.65), and the MACD is negative at -1.23, suggesting bearish momentum.
- **Fund Flow**: There has been a net outflow of funds, with -$6.67 million in net fund flow, which could be a sign of investor caution or a shift in market sentiment.
|code|Ticker|Name|Date|Net Fund Flow|Net Fund Flow (Block Order)|market_code|
|---|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|20250106|-13507.1648|-14088.0207|186|
|SBET|SBET.O|SharpLink Gaming|20250107|14592.8549|12839.8693|186|
|SBET|SBET.O|SharpLink Gaming|20250108|-5422.9554|-4315.8072|186|
|SBET|SBET.O|SharpLink Gaming|20250110|-14406.0457|-14045.0973|186|
|SBET|SBET.O|SharpLink Gaming|20250113|-7491.1111|-14366.3998|186|
|SBET|SBET.O|SharpLink Gaming|20250114|-15831.3287|-11813.2121|186|
|SBET|SBET.O|SharpLink Gaming|20250115|4994.977|2833.705|186|
|SBET|SBET.O|SharpLink Gaming|20250116|3975.3559|2744.025|186|
|SBET|SBET.O|SharpLink Gaming|20250117|-12764.8023|-12920.5236|186|
|SBET|SBET.O|SharpLink Gaming|20250121|-2315.9905|-2583.124|186|
|code|Ticker|Name|Date|Market Cap|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|20240401|4739867.28||||186|
|SBET|SBET.O|SharpLink Gaming|20240402|4336474.32||||186|
|SBET|SBET.O|SharpLink Gaming|20240403|4571786.88||||186|
|SBET|SBET.O|SharpLink Gaming|20240404|4807099.44||||186|
|SBET|SBET.O|SharpLink Gaming|20240405|4807099.44||||186|
|SBET|SBET.O|SharpLink Gaming|20240408|4561702.056||||186|
|SBET|SBET.O|SharpLink Gaming|20240409|4675996.728||||186|
|SBET|SBET.O|SharpLink Gaming|20240410|4739867.28||||186|
|SBET|SBET.O|SharpLink Gaming|20240411|4655827.08||||186|
|SBET|SBET.O|SharpLink Gaming|20240412|4840715.52||||186|
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|20250729|22.2250|186|
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|BMNR|BMNR.A|BitMine Immersion|20250729|37.6320|170|
|code|Ticker|Name|Date|bollinger lower band|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|20250729|6.6568|32.4921|-16.6020|-1.2289|186|
|code|Ticker|Name|Date|bollinger lower band|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|BMNR|BMNR.A|BitMine Immersion|20250729|-3.0715|30.8215|7.2089|-7.2724|170|
2. **BitMine Immersion (BMNR)**:
- **Ethereum Holdings**: BMNR currently holds 625,000 ETH valued at approximately $2.4 billion. This is a substantial amount, although less than SBET’s recent acquisitions.
- **Market Position**: BMNR has a strong market position as the leading publicly traded Ethereum holder, with plans to repurchase up to $1 billion of its shares.
- **Financial Health Indicators**: BMNR’s financials show a net loss of $622,762 for Q3 2025, with a diluted EPS of -$0.31 and a net income of -$622,762. The company has generated $2.05 million in revenue for the quarter.
- **Technical Indicators**: BMNR’s stock is trading below its 5-day and 10-day moving averages (ma5: 37.63, ma10: 39.71), and the MACD is negative at -7.27, indicating bearish momentum.
- **Fund Flow**: There has been a net inflow of funds, with $52.45 million in net fund flow, which could be a sign of investor confidence in the company’s strategic direction.
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|20240730|7.5996|186|
|SBET|SBET.O|SharpLink Gaming|20240731|7.8|186|
|SBET|SBET.O|SharpLink Gaming|20240801|7.8|186|
|SBET|SBET.O|SharpLink Gaming|20240802|7.452|186|
|SBET|SBET.O|SharpLink Gaming|20240805|7.44|186|
|SBET|SBET.O|SharpLink Gaming|20240806|7.8012|186|
|SBET|SBET.O|SharpLink Gaming|20240807|7.8|186|
|SBET|SBET.O|SharpLink Gaming|20240808|7.8672|186|
|SBET|SBET.O|SharpLink Gaming|20240809|8.4|186|
|SBET|SBET.O|SharpLink Gaming|20240812|8.5596|186|
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|20240730|3.9048|186|
|SBET|SBET.O|SharpLink Gaming|20240731|2.637|186|
|SBET|SBET.O|SharpLink Gaming|20240801|0|186|
|SBET|SBET.O|SharpLink Gaming|20240802|-4.4615|186|
|SBET|SBET.O|SharpLink Gaming|20240805|-0.161|186|
|SBET|SBET.O|SharpLink Gaming|20240806|4.8548|186|
|SBET|SBET.O|SharpLink Gaming|20240807|-0.0154|186|
|SBET|SBET.O|SharpLink Gaming|20240808|0.8615|186|
|SBET|SBET.O|SharpLink Gaming|20240809|6.7724|186|
|SBET|SBET.O|SharpLink Gaming|20240812|1.9|186|
In conclusion, while SBET is making significant strides in Ethereum acquisition and staking, it faces challenges in profitability and negative net fund flow. BMNR, on the other hand, is consolidating its position as a leading Ethereum holder but shows weaker revenue and net income figures compared to SBET. Both companies are trading below their respective moving averages, indicating a bearish trend in the short term.