BlockBeats News, June 30, Nasdaq-listed company Sharplink (stock code: SBET) announced that it has purchased 10,000 Ether at an average price of approximately $1611, increasing its total holdings to 886,725 Ether, consisting of 632,719 native ETH, 181,299 ETH redeemable by LsETH, and 72,707 ETH redeemable by weETH.

At the same time, the company conducted a share buyback of 2,132,773 shares of common stock at an average price of $4.69 in the open market, bringing the total repurchased shares to 4,071,223 since the initiation of the buyback program in August 2025. This week, the company also raised $75 million through a direct issuance of common stock and warrants.