US stock company GameSquare has announced the establishment of an Ethereum treasury in phases
2025-07-09 02:34:00
GameSquare Holdings, Inc. (NASDAQ: GAME) announced that the Board of Directors has approved the phased establishment of the Ethereum Treasury up to a total of $100 million. 8,421,054 shares of common stock (or common stock equivalents) will be sold at $0.95 per share, with total proceeds expected to be approximately $8 million before underwriting discounts and commissions and issuance fees as the first tranche of the Ethereum Treasury.
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