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SBSBET

Sharplink, Inc.

$SBET·$1.1B·Financial - Capital Markets·Financial Services
$5.74-5.6%YTD-37.2%1Y-84.6%
Mentions · last 7 days
2026-07-09: 39 posts2026-07-10: 39 posts2026-07-11: 24 posts2026-07-12: 32 posts2026-07-13: 83 posts2026-07-14: 95 posts2026-07-15: 157 posts474+22%
Price updated 6h ago·X counts updated 1d ago
SBSBET
$SBETSharplink, Inc.
$5.74-5.59%474 posts+22%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $SBET, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeWinding up for a moveAI verdict · as of 2026-07-16

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

887K ETH treasury (2nd largest globally) with Citizens Outperform trim to $30 — a leveraged ETH bet.

SharpLink Gaming has repositioned as an ETH-treasury vehicle whose 2026 tape has been -33% YTD but at 4.5% of 52-week range with 887K ETH holdings. The setup is hot-momentum + coiling with earnings on August 13.

  • The core operating business is small: Q1 2026 revenue grew 1,526% YoY to $12M (real acceleration off a tiny base), gross margin at 96% (specific software mix), and operating margin was 15% — but the equity is now essentially an ETH-treasury vehicle, not an operating business.
  • The ETH-treasury is the specific bull-thesis: 887,174 ETH treasury positioned as the second-largest corporate ETH holding globally, with 449 ETH added this week from staking rewards — this is a real specific ETH-leveraged bet with treasury growth from staking.
  • Analyst positioning is calibrated: Citizens reiterated Market Outperform while trimming the price target to $30 from $40 — real specific sell-side conviction, though the trim reflects specific ETH-price sensitivity.

The August 13 Q2 earnings are the near-term arbiter — ETH treasury valuation commentary, staking-yield trajectory, and any specific new-ETH-acquisition strategy commentary extend the coiling setup toward Citizens' $30. A specific ETH-price weakness or treasury-writedown concern confirms the bear framing.

Agrees with X sentimentX is bullish, emphasizes Citizens reiterating Market Outperform while trimming the price target to $30 from $40, and highlights an 887,174 ETH treasury—positioned as the second-largest corporate ETH holding globally—with 449 ETH added this week from staking rewards. Traders frame SBET as a differentiated leveraged way to gain Ethereum exposure via a founder-run treasury. Mechanics support hot-momentum + coiling: the equity is now essentially an ETH-treasury vehicle.

What to watch: The August 13 Q2 earnings. Watch ETH treasury valuation commentary, staking-yield trajectory, and new-ETH-acquisition strategy. ETH-price weakness or treasury-writedown concern confirms bear framing; steady treasury growth + staking extends toward Citizens' $30.

On the calendar: 2026-08-13 — Q2 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment7 posts analyzed · as of 2026-07-14

SharpLink Gaming chatter emphasizes Citizens reiterating Market Outperform while trimming the price target to $30 from $40, and highlights an 887,174 ETH treasury—positioned as the second-largest corporate ETH holding globally—with 449 ETH added this week from staking rewards. Traders frame SBET as a differentiated leveraged way to gain Ethereum exposure via a founder-run treasury and note new 24/7/365 10x leverage listings driving on-demand access.

Read the AI verdict + X sentiment for $SBET

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Institutional Ethereum treasury platform accumulating ETH as a corporate asset alongside a digital marketing segment.

Industry overviewAI analysisGenerated by AI from underlying data

Where Financial - Capital Markets sits in its cycle right now — and what that implies for $SBET.

Financial - Capital Markets · Financial Services

No material change from last week — Robinhood reporting its highest single-day signups confirms the retail infrastructure layer directly benefits from high-profile IPO cycles.

What this means for $SBET

Neutral — Institutional Ethereum treasury platform accumulating ETH as a corporate asset alongside a digital marketing segment; limited exposure means the retail trading surge and IPO/crypto market cycle is not a near-term catalyst or headwind.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
+6.8%YTD
+12.0%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-0.8How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-0.5%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-21.0%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-2.8%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
26.0Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-73.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
95.6%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 8, 2026$-3.25$0.02-16350.0%
Q4 2025Mar 9, 2026$-3.55$0.17-2188.2%
Q3 2025Nov 12, 2025$-0.02$-0.08+75.0%
Q2 2025Aug 14, 2025$-0.64——
Next earningsThu, Aug 13·consensus EPS $0.02

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$12.1M+1525.7%96.4%14.5%$-3.25$-10.6M
Q4 FY25$15.8M+1815.4%97.6%-73.3%$-3.73$-9.8M
Q3 FY25$10.8M+1129.9%96.0%968%$0.70$-6.6M
Q2 FY25$697K-28.9%30.0%-14826%$-4.27$-1.6M

Forward consensus

2-year forecast · up to 3 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$63.9M$58.8M – $74.4M-$1.51-$1.83 – -$1.353
FY27$66.7M$61.3M – $77.6M$0.10$0.09 – $0.123

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.4%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-2.6%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-35.0%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 184.6M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today4.1% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β10.005-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellMay 12Leslie BernhardDirector12.9K sh$96KSellMay 12Obie MckenzieDirector12.9K sh$96KSellMay 12Robert M GutkowskiDirector12.9K sh$95KSellMar 31Delucia Robert MichaelCFO2.8K sh$18K
+ 16 other (9 awards · 5 inkinds · 1 gift · 1 inthemoney) in window

See when $SBET insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDJun 308-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

SharpLink, Inc. (SBET) disclosed its accumulated Ethereum (ETH) holdings, announced gross proceeds from a registered direct equity offering that closed June 23, 2026, and provided an update on its 2025 Share Repurchase Program. Specific ETH balance, offering size, and buyback progress are not included in the excerpt. This filing reflects SharpLink's ongoing cryptocurrency treasury strategy and simultaneous equity financing activity, positioning it as an ETH accumulation vehicle alongside its sports betting technology operations.

8-KMaterial agreementJun 238-K — Item 1.01: Material agreement · Item 8.01: Other event
AI summary

Delaware 001-41962 87-4752260 entered into a material purchase agreement on 2026-06-23 for $0.0001, $7.49. Narrative: a Material Definitive Agreement. On June 22, 2026, Sharplink, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor (the “Investor”) to sell in a registered direct offering (the “Offering”) an aggregate of 10,013,351 shares (the “... Delaware 001-41962 87-4752260 disclosed: a Material Definitive Agreement. On June 22, 2026, Sharplink, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor (the “Investor”) to sell in a registered direct offering (the “Offering”) an aggregate of 10,013,351 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”). The price per Share was $7.49, and the gross proceeds from the Offering, before deducting the placement agent .

424B5Prospectus supplement (offering)Jun 23424B5
AI summary

SBET filed a 424B5 prospectus supplement on 2026-06-23 of 10,013,351 Shares at $0.0001 per share. This represents dilution happening now.

3New insider — initial holdingsJun 113
AI summary

Michael D. Camarda, Chief Development Officer of Sharplink, Inc. (SBET), filed a Form 3 initial ownership statement as of June 1, 2026. The filing discloses his initial beneficial ownership position including restricted stock units vesting quarterly on an eight-quarter schedule after a one-year cliff. The exact share count was not legible in the available excerpt beyond the RSU schedule description. This is a routine insider initial-ownership disclosure required upon commencement of officer status; no new securities were issued to the public.

3New insider — initial holdingsJun 93
AI summary

A reporting officer of SharpLink Gaming Ltd. (SBET) filed Form 3 reporting beneficial ownership of 288,779 shares underlying RSUs granted October 20, 2025, vesting one-third on the first anniversary and the remaining two-thirds in eight quarterly installments thereafter, subject to continued service. Routine Form 3 for officer with unvested RSU position — no direct market impact.

3New insider — initial holdingsMay 143
AI summary

A new insider filed a Form 3 with the SEC, disclosing initial beneficial ownership of SBET securities. This filing is required under Section 16(a) of the Securities Exchange Act within 10 days of becoming a reporting person (officer, director, or 10%+ holder). The filing reports 4 shares of common stock. Form 3 filings establish a baseline ownership record for subsequent Form 4 (changes) and Form 5 (annual) filings, providing transparency into insider positions at SBET.

8-KPress release / Reg FDMay 118-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

SBET (SBET) reported financial results for a recent fiscal period in an 8-K filed under Item 2.02. The filing includes key financial metrics including revenue, operating income, and per-share results. Results of operations disclosures under Item 2.02 typically accompany an earnings press release furnished as an exhibit, making them available concurrently with the earnings call. These filings provide the market with transparent, timely financial performance data for investment analysis.

SC 13D/AActivist amendmentApr 16SC 13D/A
AI summary

With filed Amendment No. 1 to Schedule 13D disclosing updated beneficial ownership in SBET (SBET). The filing covers approximately 16,543,084 shares of SBET. The position is held for potential M&A activity. Schedule 13D amendments are required when a 5%-or-greater holder's ownership, intent, or plans change materially, providing transparency into concentrated positions that could influence corporate governance or trigger M&A activity.

+ 10 other (4 8-Ks · 1 10-Q · 1 ARS · 1 proxy) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

EthSystems startet mit dem Ziel, Datenschutzlösungen für Institutionen auf Ethereum zu entwickelnprnewswire.com·2d agoEthSystems Launches to Build Privacy Solutions for Institutions on Ethereumprnewswire.com·3d agoEthereum Institutional startet als unabhängige gemeinnützige Organisation, um institutionelle Finanzgeschäfte in großem Maßstab auf die Blockchain zu bringenprnewswire.com·14d agoEthereum Institutional se lanza como una organización independiente sin ánimo de lucroprnewswire.com·16d agoEthereum Institutional Launches as Independent Non-Profit to Bring Institutional Finance Onchain at Scaleprnewswire.com·16d ago

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