๐ฅ Ethereum Arms Race Heats Up: GameSquare Enters with $90M War Chest
๐ข Nasdaq-listed #GameSquare is diving into Ethereum, raising over $90M to build one of the largest $ETH treasuries among public companies. Backed by Dialectic, the capital will fund ETH accumulation and staking, with yield strategies reportedly delivering 8โ14% returns.
๐ Highlights:
๐ธ $70M public equity raise + $9.2M from last week
๐ธ Funds aimed at #ETH purchases and staking
๐ธ GameSquare pivots from gaming media to crypto treasury power player
๐ธ CEO: ETH staking + appreciation could fuel ongoing ETH buys and platform growth
๐ธ Joins rising trend of corporates like BitMine & SharpLink accumulating ETH for strategic influence
GameSquareโs move marks a growing shift: #Ethereum is no longer just a tech play โ itโs becoming a corporate treasury weapon.