Sharplink Buys 10,000 ETH, Raises Holdings to 886,725 Ether by June 28

Sharplink purchased 10,000 ETH at an average price of about $1,611 per token, bringing its total holdings to 886,725 ETH as of June 28, 2026. The company also repurchased 2,132,773 shares of common stock at an average price of $4.69 per share under its ongoing buyback program launched in August 2025. The dual move reflects Sharplink's capital strategy to increase ETH per share over time, supported by a $75 million capital raise completed last week through a registered direct offering of common stock and warrants.

Sharplink Repurchases 2.13 Million Shares Under August 2025 Program

Sharplink repurchased 2,132,773 shares of common stock in the open market at an average price of $4.69 per share. The buyback was made under the company's ongoing repurchase program, which began in August 2025. Since launching the program, Sharplink has bought back 4,071,223 shares.

Joseph Chalom, Sharplink's CEO, stated the company's capital allocation philosophy: "Our capital allocation philosophy is disciplined and straightforward: every financing decision we make is based on our long-term objective to increase ETH per share."

ETH Holdings Include Native Tokens and Liquid Staking Assets

Sharplink's total ETH holdings of 886,725 ETH include 632,719 native ETH, 181,299 ETH on an as-if-redeemed basis from LsETH and 72,707 ETH on an as-if-redeemed basis from weETH. The structure shows Sharplink maintains exposure through both direct ETH holdings and liquid staking-related assets.

Sharplink Raises $75 Million Through Registered Direct Offering

Sharplink raised $75 million last week through a registered direct offering of common stock and warrants. The company said the financing strengthened its balance sheet and provided capital to support active ETH treasury management.

FAQ

What did Sharplink purchase on June 28, 2026?

Sharplink purchased 10,000 ETH at an average price of about $1,611 per token, bringing its total holdings to 886,725 ETH as of June 28, 2026.

How many shares has Sharplink repurchased since August 2025?

Sharplink has repurchased 4,071,223 shares since launching its buyback program in August 2025, including 2,132,773 shares in the latest transaction at an average price of $4.69 per share.

How much capital did Sharplink raise last week?

Sharplink raised $75 million last week through a registered direct offering of common stock and warrants to support its ETH treasury management and balance sheet.