SHARPLINK INC SBET
COM NEW · Common Stock · CUSIP 820014405 · ISIN US8200144058
- SectorFinancials
- IndustryFinance Services
- HeadquartersMiami, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 168.9m as of 2025-08-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.93. Options: 7 managers hold calls ($14.1m notional), 8 hold puts ($17.9m).
Trends to Q2 2025
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $0 | $0 | — |
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $14.1m | $17.9m | 1.27 |
Biggest buyers
| ParaFi Capital LP | New | +4.7m |
| MARSHALL WACE, LLP | New | +2.7m |
| Polar Asset Management Partners Inc. | New | +976.7k |
| UBS Group AG | New | +606.3k |
| BIT Capital GmbH | New | +597.3k |
| CITADEL ADVISORS LLC | New | +493.4k |
| JANE STREET GROUP, LLC | New | +432.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +374.2k |
| JPMORGAN CHASE & CO | New | +325.2k |
| HighTower Advisors, LLC | New | +165.8k |
Biggest sellers
| None |
Biggest calls
| CITADEL ADVISORS LLC | New | $4.3m432.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $3.7m370.5k shares |
| JANE STREET GROUP, LLC | New | $2.4m243.4k shares |
| SIMPLEX TRADING, LLC | New | $2.2m225.8k shares |
| GROUP ONE TRADING LLC | New | $1.3m127.4k shares |
| WOLVERINE TRADING, LLC | New | $184.4k19.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | New | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $6.2m627.9k shares |
| CITADEL ADVISORS LLC | New | $5.6m568.3k shares |
| JANE STREET GROUP, LLC | New | $1.8m185.8k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $1.7m1.7k shares |
| SIMPLEX TRADING, LLC | New | $1.4m142.9k shares |
| GROUP ONE TRADING LLC | New | $650.4k65.5k shares |
| Hunting Hill Global Capital, LLC | New | $409.1k41.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | New | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution +8.8 pts · filed 2026-08-07 | 13.3% |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-14 | 9.9% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-30 | 6.6% |
Fell to 5% or below in the last year: Lubin Joseph Michael (4.9%, 2026-10-13)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 2 | $350.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-30 | Phythian Rob Chief Executive Officer, director | Bought | $300.0k44.6k shares |
| 2025-05-30 | DeLucia Robert Michael Chief Financial Officer | Bought | $50.0k7.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| ParaFi Capital LP 8.59% of their portfolio | 4.7m $46.8m | New |
| MARSHALL WACE, LLP 0.03% of their portfolio | 2.7m $26.9m | New |
| Polar Asset Management Partners Inc. 0.24% of their portfolio | 976.7k $9.7m | New |
| UBS Group AG 0.00% of their portfolio | 606.3k $6.0m | New |
| BIT Capital GmbH 0.39% of their portfolio | 597.3k $5.9m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 493.4k $4.9m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 432.3k $4.3m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 374.2k $3.7m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 325.2k $3.2m | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 165.8k $1.6m | New |
| THAMES CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 157.7k $1.6m | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 136.6k $1.4m | New |
| XTX Topco Ltd 0.05% of their portfolio | 110.3k $1.1m | New |
| MORGAN STANLEY 0.00% of their portfolio | 71.8k $713.0k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 62.6k $621.4k | New |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 43.1k $428.0k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 40.7k $403.8k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 39.6k $393.0k | New |
| HUB Investment Partners, LLC 0.01% of their portfolio | 30.0k $297.9k | New |
| LPL Financial LLC 0.00% of their portfolio | 28.7k $285.2k | New |
| INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio | 28.2k $280.1k | New |
| Monolith Management Ltd 0.10% of their portfolio | 28.2k $280.0k | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 20.2k $201.0k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 15.2k $151.0k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 13.9k $138.4k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 10.2k $101.3k | New |
| NFSG Corp 0.00% of their portfolio | 1.0k $9.9k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 610 $6.0k | New |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 400 $4.0k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 339 $3.4k | New |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 226 $2.2k | New |
| ELEVATION POINT WEALTH PARTNERS, LLC 0.00% of their portfolio | 176 $1.7k | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 133 $1.0k | New |
| Compagnie Lombard Odier SCmA 0.00% of their portfolio | 120 $1.2k | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 10 $99 | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 5 $50 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | New |