GameSquare Holdings (NASDAQ: GAME) completed a $70 million public offering to launch a $100 million Ethereum-based treasury strategy. This move positions GameSquare among the first publicly traded companies to deploy a large-scale, on-chain corporate treasury in decentralized finance, signaling growing institutional confidence. The strategy aims to generate 8–14% annual yields, exceeding traditional ETH staking returns.
The capital raise significantly exceeded expectations, providing GameSquare with the financial runway to invest in Ethereum through a staged, risk-managed approach. GameSquare is partnering with crypto-native asset manager Dialectic to allocate capital across various Ethereum-based yield opportunities, utilizing machine learning and layered risk controls. The board has authorized the ETH investment strategy to scale over time based on market conditions and risk exposure.
CEO Justin Kenna sees the raise as a pivotal milestone, enabling GameSquare to build a groundbreaking Ethereum treasury strategy in the public markets. The initiative aims to diversify cash holdings, enhance financial returns, and strengthen the company’s position in digital innovation. Management views this as a strategic move to drive growth and innovation in the evolving decentralized finance landscape.
Read more at Yahoo Finance: GameSquare ETH Strategy Quickens With $70 Million Offering