CoinVoice has recently learned from PRNewswire that GameSquare Holdings, Inc. (NASDAQ: GAME), a game entertainment technology company listed on the US stock market, has announced the completion of a $70 million public fundraising by selling approximately 46.67 million shares of common stock at a price of $1.50 per share.

The company plans to use the majority of the raised funds to significantly increase its Ethereum (ETH) holdings. GameSquare CEO Justin Kenna stated that this financing is an important milestone for the company, allowing it to rapidly scale and create one of the most ambitious Ethereum treasury strategies in the public market. [Original link]