Sharplink raises $75M at 41% premium to buy Ethereum, fund buybacks; issues warrants

Filed June 23, 2026 · Period ending June 22, 2026 · ~1 min read

Key Changes

• high

  Sold 10M shares at $7.49 to institutional investor, 41% above June 18 close of $5.29, raising $75M gross to acquire Ethereum and repurchase stock under existing program.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Issued 10M warrants exercisable at $8.15 for four years; full exercise would raise additional $81.6M but dilute existing holders by ~10M shares.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Offering priced above net asset value of company's 875,776 ETH holdings as of June 16, 2026, which management views as validation of active treasury strategy.

  Exhibit 99.1 verify on EDGAR →