GameSquare Announces Completion of Initial $5.000 Million Ethereum Purchase

U.S.-listed company GameSquare (NASDAQ:GAME) has announced the completion of its first $5,000,000 Ethereum purchase at an average price of $2,749, totaling approximately 1,818.84 ETH. This move is part of its $100,000,000 $ETH treasury strategy. GameSquare stated that it will collaborate with Dialectic to leverage the Medici platform to obtain an 8-14% risk-adjusted return in DeFi, while continuing to advance $ETH allocation to support company development and potential buybacks. [Wu Shuo]