GameSquare Announces Phased Establishment of Ethereum Treasury

GameSquare Holdings, Inc. (Nasdaq: GAME), a U.S. publicly traded company, has announced a phased establishment of an Ethereum treasury with a total value of up to $100 million. As part of the initial funding arrangement, the company will issue 8,421,054 shares of common stock or its equivalent securities at a price of $0.95 per share, with expected gross proceeds of approximately $8.00 million before deducting related expenses. [Odaily Planet Daily]