Published: July 2025
As investors search for undervalued assets in the small-cap tech space, Sharplink Gaming ($SBET) offers a unique case: its Ethereum holdings are publicly disclosed and updated in real-time.
Net Asset Value (NAV) is a measure of the company's intrinsic worth, especially when it holds liquid digital assets. In Sharplink’s case, dividing its market cap by the USD value of its ETH holdings gives investors a real-time look at how the market is pricing those assets.
With speculative capital flowing into both crypto and gaming, understanding how Sharplink’s ETH treasury underpins its valuation may help investors spot dislocations between price and value.