๐ŸŽฎ GameSquare Goes All In on Ethereum โ€” $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. ๐Ÿš€

๐ŸŸข Backed by board approval, the company:

โ€ข Aims to raise $8M via public offering ($0.95/share)

โ€ข Granted Lucid Capital a 45-day option to purchase 1.26M shares

โ€ข Will use Dialecticโ€™s Medici tech to optimize ETH yield

๐Ÿ’ฌ CEO Justin Kenna:

"This strategy enhances our financial flexibility, supports share repurchases, and fuels long-term ETH acquisitions + growth."

๐Ÿ“ˆ The market responded fast โ€” $GAME stock surged 40% on Wednesday, building on a 100% rise since the treasury news broke.

๐Ÿง  Why it matters:

GameSquare joins a growing list of public companies building crypto treasuries โ€” 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 โ€” tightening supply and boosting ETHโ€™s long-term thesis.

๐Ÿ”— As Joe Lubin, ConsenSys CEO, said:

> โ€œEthereum treasuries arenโ€™t just good business โ€” theyโ€™re key to balancing ETH supply and fueling real blockchain utility.โ€

The Web3 race is on, and ETH is at the center of it. Are you watching?

#GameSquare #EthereumTreasury #Web3Adoption #ETHStrategy #MuskAmericaParty

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