SharpLink Gaming Soars 9.28% on $200M Ethereum Investment

On August 11, 2025, SharpLink Gaming's stock surged by 9.28% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

SharpLink Gaming recently completed a registered direct stock offering, raising $200 million from institutional investors. This capital injection is aimed at expanding the company's Ethereum holdings, which are expected to exceed $2 billion. The move underscores SharpLink Gaming's strategic focus on digital assets and its commitment to leveraging blockchain technology for growth.

The company has allocated the entire $200 million raised from the direct public offering (DPO) into Ethereum, as confirmed by on-chain ETH transfers totaling approximately $220 million. This substantial investment in Ethereum highlights SharpLink Gaming's confidence in the cryptocurrency's potential and its role in the future of digital finance.