GameSquare to Launch $100M Ethereum Treasury Targeting 14% Yields
2025-07-13 19:58:03
Main Idea
GameSquare announced a $100 million Ethereum treasury plan targeting a 14% yield through DeFi, leading to a 60% surge in its shares, and highlighted a growing trend of firms adopting Ethereum-based strategies.
Key Points
1. GameSquare plans a $100 million Ethereum treasury targeting a 14% yield via DeFi, causing its shares to surge nearly 60%.
2. The company raised funds through a public offering of 8,421,054 shares at $0.95 per share to support this initiative.
3. GameSquare's ETH treasury is backed by a partnership with Dialectic, a crypto-native capital management firm, to enhance risk-adjusted returns.
4. SharpLink Gaming, the largest corporate holder of ETH, added 7,689 ETH ($19.2M) to its portfolio, now totaling 205,634 ETH, and introduced a new performance metric, ETH Concentration, which rose 19% in three weeks.
5. Other firms, like Bit, are also adopting Ethereum-based strategies, with Bit accumulating over 100,000 ETH following a $172M public equity raise and the sale of 280 BTC.
Description
GameSquare has unveiled plans for a $100 million Ethereum treasury targeting a 14% yield through a decentralized finance (DeFi) strategy. Following the news, its shares surged by nearly 60%. GameSquare’s Offering In a July 8 press release , the company announced it has priced an underwritten public offering of 8,421,054 shares of its common stock at $0.95 per share. The offering is expected to raise approximately $8 million in gross proceeds before deducting underwriting discounts, commissions, ...
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