SharpLink Gaming Inc
F:7710
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
7.7
32.4
|
| Price Target |
|
We'll email you a reminder when the closing price reaches EUR.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
SharpLink Gaming Inc
SharpLink Gaming, Inc. is an online performance-based marketing company, which engages in the provision of online platform facilitating sports betting. The company is headquartered in Minneapolis, Minnesota and currently employs 5 full-time employees. The firm is a marketing partner to sportsbooks and online casino gaming operators worldwide. The company operates through the Affiliate Marketing Services segment. Through its iGaming affiliate marketing network, known as PAS.net, it focuses on driving qualified traffic and player acquisitions, retention and conversions to U.S. regulated and global iGaming operator partners worldwide. The company also owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing Websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners, which are licensed to operate in each respective state. The company is licensed to operate in about 18 jurisdictions and owns and operates direct-to-player (D2P) sites serving 17 U.S. states. The company has developed a treasury strategy centered on ETH.
SharpLink Gaming, Inc. is an online performance-based marketing company, which engages in the provision of online platform facilitating sports betting. The company is headquartered in Minneapolis, Minnesota and currently employs 5 full-time employees. The firm is a marketing partner to sportsbooks and online casino gaming operators worldwide. The company operates through the Affiliate Marketing Services segment. Through its iGaming affiliate marketing network, known as PAS.net, it focuses on driving qualified traffic and player acquisitions, retention and conversions to U.S. regulated and global iGaming operator partners worldwide. The company also owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing Websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners, which are licensed to operate in each respective state. The company is licensed to operate in about 18 jurisdictions and owns and operates direct-to-player (D2P) sites serving 17 U.S. states. The company has developed a treasury strategy centered on ETH.
Revenue Surge: SharpLink reported Q3 revenue of $10.8 million, up more than 10x year-over-year, driven by its Ethereum treasury strategy and staking nearly 100% of its ETH.
Net Income Jump: The company delivered net income of $104.3 million, turning from a net loss last year, primarily due to unrealized gains on ETH holdings.
ETH Holdings Growth: As of September 30, SharpLink held 580,841 ETH and 236,906 LsETH; by November 9, total holdings rose to 861,251 ETH-equivalents.
Innovative Capital Raise: In October, SharpLink raised $76.5 million via a direct offering at a 12% premium to market price, expanding its ETH per share concentration.
Institutional Ethereum Momentum: Management highlighted accelerating institutional adoption of Ethereum, regulatory clarity, and major partnerships and upgrades supporting long-term growth.
Yield & Staking Focus: Nearly 100% of ETH is staked, with active management and unique partnerships (Consensys, Linea) delivering yield above typical staking rates without increased risk.
NAV Discount Strategy: The company is prepared to buy back stock or use other capital market tools when trading below net asset value, aiming to boost ETH per share.
