#GameShares Jump 60% After Board Approves $100 Million $ETH Treasury Strategy


GameSquare Holdings shares surged 58.76% to close at $1.54 on Tuesday following its $ETH treasury announcement.


The company's board approved building up to $100 million in #Ethereum holdings through staged investments over time.


GameSquare announced a public offering of 8.42 million shares at $0.95 each to raise approximately $8 million for the initiative.


The treasury will be built on the Medici platform from partner Dialectic, targeting yields between 8% and 14%.


The strategy may incorporate additional yield-generating opportunities within the #Ethereum ecosystem, including stablecoins and #NFTs.

Game Share gained an additional 6.49% in after-hours trading, bringing its market cap to $60.25 million.


$ETH rose 2.31% in the past 24 hours to trade at $2,594 as corporate #treasury adoption continues to expand.

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July 09, 2025 at 1:44 PM
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