GameSquare spent $5,000,000.00 to purchase 1,818.84 ETH to support its Ethereum treasury

Nasdaq-listed GameSquare announced that it has spent $5,000,000 to purchase 1,818.84 $ETH to support its Ethereum treasury. The company previously announced that it would build an Ethereum treasury with a total value of up to $100,000,000 in stages. As the first funding arrangement, the company will issue 8,421,054 common shares or their equivalent securities at a price of $0.95 per share, and it is expected to raise approximately $8,000,000 before deducting related expenses. (Chainwire) [Odaily Planet Daily]