GameSquare Increases Crypto Treasury Program by $150 Million

Key Points

1. GameSquare increased its digital asset treasury management authorization from $100 million to $250 million and purchased an additional 8,351.89 Ethereum (ETH) for $30 million.

2. The company now holds 10,170.74 ETH, valued at approximately $38 million, as part of its strategy to leverage Ethereum-based assets.

3. GameSquare launched a $10 million NFT strategy focused on Ethereum-native digital assets, positioning itself among the first public companies to include NFTs in treasury management.

4. The company's ETH-focused yield generation strategy targets onchain yields of 8%-14%, significantly exceeding current ETH staking benchmarks of 3%-4%.

5. GameSquare announced a public offering to fund its Ethereum-based treasury strategy, supported by strategic alliances and partnerships with firms like Dialectic Group and Goff Capital.