Ethereum Adoption Grows: GameSquare Invests $5 Million In ETH As Part Of Treasury Strategy
2025-07-12 06:18:47
Main Idea
GameSquare Holdings has invested $5 million in Ethereum as part of a $100 million treasury strategy, signaling growing institutional adoption of ETH and its use in DeFi for yield generation.
Key Points
1. GameSquare Holdings purchased 1,818.84 ETH at an average price of $2,749, totaling $5 million, as the first step in a $100 million Ethereum-focused treasury strategy.
2. The company aims to generate yield by engaging with DeFi protocols, contrasting with traditional Bitcoin-focused treasury strategies that focus on holding assets.
3. Ethereum is seeing increased accumulation by large investors ('smart money'), with some adding between 10,000 to 100,000 ETH earlier this month.
4. Ethereum-based spot ETFs have recorded nine consecutive weeks of positive inflows as of July 10, indicating broader investor interest.
5. At the time of reporting, ETH was trading at $2,993, up 7.4% in the past 24 hours, though still 40% below its all-time high of $4,878 set in November 2021.
Description
In an announcement yesterday, Nasdaq-listed software company GameSquare Holdings revealed that it had purchased $5 million worth of Ethereum (ETH) as part of its $100 million ETH-focused treasury strategy. With this move, GameSquare joins a growing number of companies diversifying their corporate treasuries by investing in digital assets. GameSquare Embraces Ethereum As Part Of Treasury Strategy As the cryptocurrency market regains bullish momentum – highlighted by Bitcoin (BTC) reaching success...
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