---
title: "SharpLink Gaming Increases Authorized Shares to 2.5 Billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258946837.md"
description: "SharpLink Gaming (SBET) announced an increase in authorized shares from 500 million to 2.5 billion, approved by stockholders on September 24, 2025. This move aims to enhance the company's capital structure. The latest analyst rating for SBET is a Buy with a $48.00 price target, although Spark's AI Analyst rates it as Underperform due to weak financial performance and declining revenues. Despite challenges, a strategic acquisition in the crypto gaming sector may provide growth opportunities. Current market cap stands at $3.41B with an average trading volume of 40,966,846."
datetime: "2025-09-25T21:01:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258946837.md)
  - [en](https://longbridge.com/en/news/258946837.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258946837.md)
---

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# SharpLink Gaming Increases Authorized Shares to 2.5 Billion

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

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