GameSquare strengthens its crypto strategy with the purchase of 8,351 ETH and expands its treasury to USD 250 million. $ETH 💥💥💥💥
#TrumpBitcoinEmpire In a move that strengthens its positioning in the crypto ecosystem, GameSquare Holdings, a company listed on Nasdaq and operating in the digital entertainment sector, has approved a significant expansion of its cryptocurrency treasury program.
The board of directors authorized an increase in the investment mandate in digital assets from USD 100 million to USD 250 million. This consolidates its long-term strategy focused on Ethereum and decentralized finance.
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✨Strategic investment in Ethereum .
As part of the expansion, GameSquare purchased 8,351 ETH, valued at approximately USD 30 million, at a price close to USD 3,592 per unit. This acquisition raises its total balance in Ethereum to 10,170 ETH, which represents more than USD 38 million in digital reserves. The announcement was officially published through its investor relations portal.
This step not only reinforces GameSquare's institutional conviction towards Ethereum as a strategic asset. It also sets a precedent for other listed companies evaluating the adoption of cryptocurrencies as part of their financial structure.
The investment fits within a growing narrative on Wall Street: the tokenization of corporate treasuries to diversify risks, leverage DeFi yields, and position for a future more digitized financial infrastructure.
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