GameSquare Boosts Ethereum Holdings to Over 10,000 ETH with $250M Treasury Expansion
Main Idea
GameSquare has significantly increased its Ethereum holdings to over 10,000 ETH, investing $35 million, and introduced a new NFT revenue model as part of its strategic shift towards deeper crypto market engagement.
Key Points
1. GameSquare acquired approximately 8,351 ETH at an average price of $3,592, totaling around $30 million.
2. The company's total Ethereum holdings now stand at about 10,170.74 ETH, with a total investment of $35 million.
3. GameSquare approved a new NFT revenue model with an initial budget of $10 million.
4. The company has formed key partnerships with industry experts Ryan Zurrer of Dialectic and Rhydon.
5. GameSquare's treasury allocation for crypto assets has increased from $100 million to $250 million.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! On July 22,
Latest News
- Bitcoin Surges Past $118,000 on July 22 as 24-Hour Decline Narrows to 1.2%2025-07-22 07:13:54
- Ethereum ETF Volume Tops $3.1 Billion as Institutional Interest May Support Price Near $4,0002025-07-22 07:13:30
- Ethereum May Have Outperformed Bitcoin Over the Past Decade, Suggests Expert Analysis2025-07-22 07:00:07
- SEC Chair Suggests Ethereum May Be Classified as a Commodity Rather Than a Security2025-07-22 06:59:22
- ARK Invest May Shift Focus to Ethereum With Bitmine Stakes Across Key ETFs2025-07-22 06:59:06