GameSquare
10,182 views
8 Discussing
Hot
Latest
š® GameSquare Bets Big ā $100M Ethereum Treasury Launch Signals Major Web3 Push!
with Nasdaq-listed esports and media business GameSquare announced on Tuesday that it would open a $100 million Ethereum treasury with board approval, ETH's rise has continued for a second day.
The business wants $8 million from a $8.42 million public offering of $0.95 shares. It also provided Lucid Capital, its underwriter, a 45-day option to buy 1.26 million shares at the offering price.
The issuance is the first in a series of "staged" investments the firm expects to make to fund an Ethereum treasury strategy.
"This new treasury management strategy enhances our financial flexibility and allows us to support a defined capital allocation plan that is focused on pursuing additional ETH asset purchases, funding potential share repurchases, and reinvesting in our growth initiatives," Justin Kenna, CEO of GameSquare.
GameSquare will use Dialectic's Medici yield optimization technology to produce profits on its ETH treasury. The corporation may use stablecoins and non-fungible tokens for various Ethereum yield-generation schemes.
GAME stock is up 40% on Wednesday, extending its rise from Tuesday's ETH treasury reveal to over 100%.
A rising number of low-capped publicly listed firms are creating crypto treasuries using Bitcoin, with others using altcoins like ETH and Solana.
Bit Digital shares rose on Monday after the business revealed it had added 100,603 ETH to its treasury from 280 BTC and $172 million. SharpLink Gaming's shares rose on Tuesday as it announced further ETH acquisitions, bringing its total to 205,000. Both corporations said they're staking their full shares, lessening ETH supply pressure.
Consensys CEO and SharpLink chairman Joe Lubin told CNBC on Tuesday that Ethereum treasuries are "not only a great business to run but [will] be critical to enable the supply-demand of ETH to rightsize" as more apps launch on its blockchain.
#GameSquare #ETH #BTCBreaksATH #MuskAmericaParty $ETH
with Nasdaq-listed esports and media business GameSquare announced on Tuesday that it would open a $100 million Ethereum treasury with board approval, ETH's rise has continued for a second day.
The business wants $8 million from a $8.42 million public offering of $0.95 shares. It also provided Lucid Capital, its underwriter, a 45-day option to buy 1.26 million shares at the offering price.
The issuance is the first in a series of "staged" investments the firm expects to make to fund an Ethereum treasury strategy.
"This new treasury management strategy enhances our financial flexibility and allows us to support a defined capital allocation plan that is focused on pursuing additional ETH asset purchases, funding potential share repurchases, and reinvesting in our growth initiatives," Justin Kenna, CEO of GameSquare.
GameSquare will use Dialectic's Medici yield optimization technology to produce profits on its ETH treasury. The corporation may use stablecoins and non-fungible tokens for various Ethereum yield-generation schemes.
GAME stock is up 40% on Wednesday, extending its rise from Tuesday's ETH treasury reveal to over 100%.
A rising number of low-capped publicly listed firms are creating crypto treasuries using Bitcoin, with others using altcoins like ETH and Solana.
Bit Digital shares rose on Monday after the business revealed it had added 100,603 ETH to its treasury from 280 BTC and $172 million. SharpLink Gaming's shares rose on Tuesday as it announced further ETH acquisitions, bringing its total to 205,000. Both corporations said they're staking their full shares, lessening ETH supply pressure.
Consensys CEO and SharpLink chairman Joe Lubin told CNBC on Tuesday that Ethereum treasuries are "not only a great business to run but [will] be critical to enable the supply-demand of ETH to rightsize" as more apps launch on its blockchain.
#GameSquare #ETH #BTCBreaksATH #MuskAmericaParty $ETH
AfghanAsmat666:
š
š #GameSquare Goes All-In on #Ethereum
GameSquare just bought $5M in $ETH (1,818 coins) as part of a bold $100M crypto treasury plan.
Why it matters:
šø Targeting 8ā14% DeFi yields (vs. 3ā4% from staking)
š¤ Using AI-driven risk management via Medici platform
š Plans to reinvest into #ETH , share buybacks, & growth
Backed by a $9.2M raise, GameSquare joins a growing wave of corporate ETH adopters.
Is Ethereum the next big corporate treasury play?
#Ethereumā #Write2Earn
GameSquare just bought $5M in $ETH (1,818 coins) as part of a bold $100M crypto treasury plan.
Why it matters:
šø Targeting 8ā14% DeFi yields (vs. 3ā4% from staking)
š¤ Using AI-driven risk management via Medici platform
š Plans to reinvest into #ETH , share buybacks, & growth
Backed by a $9.2M raise, GameSquare joins a growing wave of corporate ETH adopters.
Is Ethereum the next big corporate treasury play?
#Ethereumā #Write2Earn
š® GameSquare Goes All In on Ethereum ā $100M Web3 Treasury Strategy Unveiled!
GameSquare, the Nasdaq-listed esports and media firm, has officially launched a $100 million Ethereum treasury, signaling a massive commitment to the Web3 ecosystem. š
š¢ Backed by board approval, the company:
ā¢ Aims to raise $8M via public offering ($0.95/share)
ā¢ Granted Lucid Capital a 45-day option to purchase 1.26M shares
ā¢ Will use Dialecticās Medici tech to optimize ETH yield
š¬ CEO Justin Kenna:
"This strategy enhances our financial flexibility, supports share repurchases, and fuels long-term ETH acquisitions + growth."
š The market responded fast ā $GAME stock surged 40% on Wednesday, building on a 100% rise since the treasury news broke.
š§ Why it matters:
GameSquare joins a growing list of public companies building crypto treasuries ā not just in BTC, but also in Ethereum and Solana.
Other firms like Bit Digital and SharpLink Gaming have added over 300,000 ETH combined, with most of it being staked ā tightening supply and boosting ETHās long-term thesis.
š As Joe Lubin, ConsenSys CEO, said:
> āEthereum treasuries arenāt just good business ā theyāre key to balancing ETH supply and fueling real blockchain utility.ā
The Web3 race is on, and ETH is at the center of it. Are you watching?
#GameSquare #EthereumTreasury #Web3Adoption #ETHStrategy #MuskAmericaParty
$ETH
$BTC
GameSquare, the Nasdaq-listed esports and media firm, has officially launched a $100 million Ethereum treasury, signaling a massive commitment to the Web3 ecosystem. š
š¢ Backed by board approval, the company:
ā¢ Aims to raise $8M via public offering ($0.95/share)
ā¢ Granted Lucid Capital a 45-day option to purchase 1.26M shares
ā¢ Will use Dialecticās Medici tech to optimize ETH yield
š¬ CEO Justin Kenna:
"This strategy enhances our financial flexibility, supports share repurchases, and fuels long-term ETH acquisitions + growth."
š The market responded fast ā $GAME stock surged 40% on Wednesday, building on a 100% rise since the treasury news broke.
š§ Why it matters:
GameSquare joins a growing list of public companies building crypto treasuries ā not just in BTC, but also in Ethereum and Solana.
Other firms like Bit Digital and SharpLink Gaming have added over 300,000 ETH combined, with most of it being staked ā tightening supply and boosting ETHās long-term thesis.
š As Joe Lubin, ConsenSys CEO, said:
> āEthereum treasuries arenāt just good business ā theyāre key to balancing ETH supply and fueling real blockchain utility.ā
The Web3 race is on, and ETH is at the center of it. Are you watching?
#GameSquare #EthereumTreasury #Web3Adoption #ETHStrategy #MuskAmericaParty
$ETH
$BTC
š GameSquare Stock Soars 58% After $100M Ethereum Treasury Reveal
š¢ In a bold strategic move, Nasdaq-listed GameSquare has launched a $100 million Ethereum treasury strategy, sending its stock price up 58%, with an additional 7% jump in after-hours trading.
š Following the footsteps of SharpLink Gaming, GameSquare is now positioning $ETH as a core treasury assetāa strong signal of institutional confidence in Ethereum's long-term value.
š With rising ETF inflows, growing demand, and a robust ecosystem, Ethereum is increasingly becoming the go-to choice for companies looking to generate high-yield returns beyond traditional assets.
š As of Tuesdayās close, $GAME traded at $1.54.
š„ This move further cements ETHās place in corporate finance and hints at what's next for digital asset treasury strategies.
#Ethereum #GameSquare #CryptoTreasury #DigitalAssets #Blockchain
https://coingape.com/gamesquare-stock-shoots-58-after-revealing-100-million-ethereum-treasury-strategy/?utm_source=bnb&utm_medium=coingape
š¢ In a bold strategic move, Nasdaq-listed GameSquare has launched a $100 million Ethereum treasury strategy, sending its stock price up 58%, with an additional 7% jump in after-hours trading.
š Following the footsteps of SharpLink Gaming, GameSquare is now positioning $ETH as a core treasury assetāa strong signal of institutional confidence in Ethereum's long-term value.
š With rising ETF inflows, growing demand, and a robust ecosystem, Ethereum is increasingly becoming the go-to choice for companies looking to generate high-yield returns beyond traditional assets.
š As of Tuesdayās close, $GAME traded at $1.54.
š„ This move further cements ETHās place in corporate finance and hints at what's next for digital asset treasury strategies.
#Ethereum #GameSquare #CryptoTreasury #DigitalAssets #Blockchain
https://coingape.com/gamesquare-stock-shoots-58-after-revealing-100-million-ethereum-treasury-strategy/?utm_source=bnb&utm_medium=coingape
šØ JUST IN: GameSquare ($GAME) to invest up to $100M in Ethereum! š„
The company will launch an ETH-focused treasury to explore yield strategies across the Ethereum ecosystem-covering everything from stablecoins to NFTs. šŖš„
GameSquare's bold move signals serious confidence in Ethereumās future. šš
#GameSquare
#TrendTradingStrategy
The company will launch an ETH-focused treasury to explore yield strategies across the Ethereum ecosystem-covering everything from stablecoins to NFTs. šŖš„
GameSquare's bold move signals serious confidence in Ethereumās future. šš
#GameSquare
#TrendTradingStrategy
Login to explore more contents