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SharpLink Gaming Increases Authorized Shares to 2.5 Billion

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SharpLink Gaming Increases Authorized Shares to 2.5 Billion

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An announcement from SharpLink Gaming ( (SBET) ) is now available.

SharpLink Gaming, Inc. held a special meeting on September 24, 2025, where stockholders approved an amendment to increase the number of authorized shares of common stock from 500 million to 2.5 billion. This decision, formalized on September 25, 2025, aims to enhance the company’s capital structure, potentially impacting its market operations and stakeholder interests.

The most recent analyst rating on (SBET) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on SharpLink Gaming stock, see the SBET Stock Forecast page.

Spark’s Take on SBET Stock

According to Spark, TipRanks’ AI Analyst, SBET is a Underperform.

SharpLink Gaming’s overall score is primarily affected by its weak financial performance, characterized by declining revenues and persistent losses. Technical indicators suggest a bearish trend, while valuation metrics highlight profitability challenges. However, the strategic acquisition in the crypto gaming space offers a potential growth avenue, balancing some of the financial and operational concerns.

To see Spark’s full report on SBET stock, click here.

More about SharpLink Gaming

Average Trading Volume: 40,966,846

Technical Sentiment Signal: Sell

Current Market Cap: $3.41B

See more data about SBET stock on TipRanks’ Stock Analysis page.

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