SharpLink (SBET) Profile picture
Aug 19 1 tweets 1 min read Read on X
Our mission at SharpLink is simple:

Accumulate as much ETH as possible and maximize shareholder value

That’s why we don’t just report how much ETH we hold, or how many shares we’ve issued

We report something more important:

How much ETH backs each share

We call this metric ETH Concentration — it tells you how much Ethereum supports every 1,000 shares of SBET

ETH Concentration = Total ETH held ÷ 1,000 fully diluted shares

That includes all shares, options, warrants, and convertibles

The current ETH Concentration metric is up 94% since launch. From 2.00 to 3.87

That means every share of SBET now represents more ETH than it did before, even with more shares outstanding

We’re committed to remaining accretive to our shareholders

Every capital raise puts more ETH on the balance sheet and increases ETH-per-share

And the more ETH each share represents, the more Ethereum-backed value our investors hold

We’re not just holding ETH

We’re growing it, per share

The asset is $ETH, the ticker is $SBETImage

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