Rob Phythian

We’ve raised $76.5M by issuing equity at $17 per share (12% premium to market), with the potential for ~$79M more though a novel 90-day premium purchase contract at $17.50 per share (19% premium) – the first of its kind in the DAT ecosystem. - SharpLink sold equity at both a market and mNAV premium - This capital raise is accretive to shareholders - Gives us immediate $76.5M to deploy into increasing ETH per share - Continues $SBET momentum and ETH accumulation We are building the most trusted, long-term focused, ETH per share obsessed treasury. We will continue to work night and day to identify opportunities to create value for our shareholders. The asset is $ETH, the ticker is $SBET.

In addition to becoming the largest $ETH holder among corporate entities, SharpLink raised approximately ~$413M in net proceeds through its ATM program between July 7–11 Of that total, ~$156M has already been deployed into ETH, with ~$257M in capital still available for future Ethereum acquisitions. We remain committed to transparent, best-in-class treasury reporting

NEW: SharpLink has acquired 10,000 $ETH directly from the Ethereum Foundation The purchase closed at ~$25.7M, with $ETH acquired at an average price of ~$2,572 Ethereum is entering a new era of institutional relevance, and we’re proud to support its long-term strength and mission The asset is $ETH, the ticker is $SBET