Examine the performance of SBET stocks right now. For more intelligent investing techniques, view SharpLink Gaming’s (SBET) current price, historical data, financials, and market news. The stock of online performance marketing firm SharpLink Gaming (NASDAQ:SBET) has increased by an incredible 1,067% in a single week.
This action was spurred by the company’s recent announcement of a $425 million private placement to use Ethereum as its primary treasury reserve asset. See Nvidia’s One Big Risk separately.With the support of the most powerful figures in the cryptocurrency space, such as Consensys Software (founded by Ethereum co-founder Joseph Lubin) and significant cryptocurrency venture capital firms like ParaFi, This move by Electric Capital, Pantera, and Galaxy Digital represents an interesting corporate makeover for a struggling internet marketing firm that has the potential to emerge as the top Ethereum proxy listed on a public exchange.
With a stock price of roughly $2.91 per share and an equity market capitalization of roughly $2 million, SharpLink Gaming Inc. was a sports betting online marketing company as of last Tuesday. It was listed on the Nasdaq, but only just; it didn’t reach the minimum $2.5 million shareholders’ equity threshold set by the Nasdaq and had to conduct a reverse stock split a few weeks ago to keep over the $1 minimum stock price. Therefore, it launched a stock offering on Tuesday, generating $4.5 million at a price of $2.94 per share. The money will be used to “regain compliance with Nasdaq’s minimum requirement for total stockholders’ equity.
” However, it also added:”In connection with the implementation of the possible treasury strategy we are currently considering, we may decide to use a portion of the proceeds to purchase cryptocurrency.”
Valuation Measures Of SBET
As of 5/29/2025
| Market Cap | 55.34M |
| Enterprise Value | 65.66M |
| Trailing P/E | 1.68 |
| Price/Sales (ttm) | 8.60 |
| Price/Book (mrq) | 26.54 |
| Enterprise Value/Revenue | 19.15 |
Financial Highlights of SBET
Profitability & Income Statement of SBET
| Profit Margin | -94.09% |
| Return on Assets (ttm) | -61.22% |
| Return on Equity (ttm) | -147.04% |
| Revenue (ttm) | 3.43M |
| Net Income Avi to Common (ttm) | -3.58M |
| Diluted EPS (ttm) | 47.28 |
| Total Cash (mrq) | 1.37M |
| Levered Free Cash Flow (ttm) | -3.54M |