Increasing Number of ETH Treasury Companies: GameSquare Announces $100 Million Ethereum Investment Strategy

On July 8, GameSquare Holdings, listed on Nasdaq, announced that its board of directors had approved a phased investment plan to invest up to $100 million in Ethereum (ETH), causing its stock price to surge by approximately 60%. The company is deploying an ETH yield strategy through a strategic partnership with cryptocurrency management giant Dialectic. GameSquare is a next-generation media, entertainment, and technology company, operating North America’s largest gaming media network. Through the globally influential esports organization FaZe Clan, the company strengthens its engagement with Generation Z and Millennials.