US Stock Company GameSquare Announces Phased Establishment of Ethereum Treasury

By: theblockbeats.news|2025/07/09 03:06:54

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BlockBeats News, July 9th, GameSquare Holdings, Inc. (NASDAQ: GAME) announced that the board has approved the phased establishment of an Ethereum treasury, with a total value of up to $100 million. It will sell 8,421,054 shares of common stock (or common stock equivalents) at a price of $0.95 per share, expecting to generate approximately $8 million in total proceeds before deducting underwriting discounts and commissions and offering expenses as the initial Ethereum treasury establishment cost.

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