Sharplink, Inc. (SBET) Research

Sharplink, Inc. is a global digital asset treasury firm, primarily functioning as an institutional-grade platform for managing Ethereum. Its operations are divided into two primary divisions: Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management division is dedicated to the strategic acquisition and dynamic oversight of Ethereum, positioning it as a long-term holding for the company's treasury. This involves both native and liquid staking strategies, all conducted within a robust framework that prioritizes governance, secure custody, and comprehensive risk mitigation. Conversely, the Affiliate Marketing segment specializes in offering performance-driven client acquisition solutions to businesses in the sportsbook and online casino gaming industries. This is achieved by generating substantial user traffic and acquiring new players for licensed gaming entities, primarily leveraging its international affiliate network, PAS.net, alongside a collection of digital assets tailored for specific U.S. states. The company, previously operating as SharpLink Gaming, Inc., rebranded to Sharplink, Inc. in February 2026. Established in 2019, Sharplink's corporate headquarters are located in Miami, Florida.

Market snapshot

Symbol
SBET
Price
$5.29
Day change
-1.31%
Market cap
$1.0B
P/E ratio
-0.79x
52-week range
5.06-40.46
Sector
Financial Services
Industry
Financial - Capital Markets
Next earnings
in 2 months
Analyst price target
$15.33

Recent news

  • Texas grid flags risks as data centers, crypto sites fail voltage tests

    Several ​large data centers and crypto facilities planning to connect to the Texas power grid ahead of ‌peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.

Peer companies

  • Capri Holdings Limited (CPRI)
  • Driven Brands Holdings Inc. (DRVN)
  • National Vision Holdings, Inc. (EYE)
  • Six Flags Entertainment Corporation (FUN)
  • Hanesbrands Inc. (HBI)
  • Monarch Casino & Resort, Inc. (MCRI)
  • PENN Entertainment, Inc. (PENN)
  • Sonic Automotive, Inc. (SAH)

Recent insider activity

  • Camarda Michael D — trade (0 shares) on 2026-06-01
  • Camarda Michael D — trade (0 shares) on 2026-06-01
  • Sheffield Matthew A — trade (0 shares) on 2026-06-01
  • MCKENZIE OBIE — A-Award (11503 shares) on 2026-04-10
  • MCKENZIE OBIE — M-Exempt (1389 shares) on 2025-09-30

Open Sharplink, Inc. (SBET) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.