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Market Cap:
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Fear & Greed:
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Bitcoin:
$ 91.281
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Big Move: GameSquare Acquires Million Dollars of Ethereum!

GameSquare ethereum

GameSquare ($GAME) made a $10 million investment to purchase 2,717 Ethereum (ETH). With this acquisition, the company’s total ETH reserve rose to 15,630.07. 

The company has approved a stock buyback program funded by yield generated from its Ethereum holdings. This program marks a new chapter in GameSquare’s financial strategy. 

Ethereum investments provide GameSquare with an annual yield ranging between 8% and 14%. The company aims to use these yields for stock repurchases to offer higher returns to shareholders. The company previously attracted attention by purchasing a rare “Cowboy Ape” CryptoPunk NFT worth $5.15 million from Robert Leshner, founder of DeFi protocol Compound.

This approach is described as a blockchain-backed hybrid treasury management model. GameSquare integrates crypto assets into its financing tools to improve capital efficiency. 

This move by GameSquare highlights once again the growing importance of digital assets in corporate finance and growth strategies. The company aims to lead in the digital economy. 

Key Highlights: 

  • $10 million investment to purchase 2,717 ETH 
  • Total ETH holdings increased to 15,630.07 
  • Ethereum yield proceeds to fund stock buyback program 
  • Hybrid treasury management model improves capital efficiency 
  • Annual Ethereum yield targeted between 8%-14% 

GameSquare continues to expand its digital asset strategy, offering significant opportunities for crypto investors and shareholders. 

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