💵 GameSquare will create an Ethereum reserve of $100 million

The technology company GameSquare has announced phased investments in Ethereum amounting to up to $100 million.

🔵 To start, the company will conduct an IPO to raise about $8 million — the majority of these funds will go towards purchasing ETH.

🔵 In total, GameSquare plans to buy back 8.4 million shares at $0.95 each.

🔵 The underwriting of the deal will be handled by Lucid Capital Markets.

🔺 According to CEO Justin Kenna, the company will not only hold Ethereum but also earn from it:

"We are collaborating with leading DeFi experts to generate yield and develop new sources of profit."

📊 The strategy is based on its own platform Dialectic Medici, which, according to the company, can bring in 8–14% annual returns through risk analysis and the use of AI.

📊 GameSquare also plans to use stablecoins and tokenized assets (RWA) for additional income generation.

💎 The largest public holder of Ethereum remains SharpLink, which has invested $463 million in the asset.

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