U.S. stock market-listed company GameSquare completes a $70.00 million public offering, will significantly increase its Ethereum holdings

On July 17, according to PRNewswire, GameSquare Holdings, Inc. (Nasdaq: GAME), a US-listed gaming and entertainment technology company, announced the completion of a $70.00 million public offering, selling approximately 46.67 million shares of common stock at a price of $1.50 per share. The company plans to use the majority of the proceeds to significantly increase its Ethereum ($ETH) holdings. GameSquare CEO Justin Kenna stated that this financing is an important milestone for the company and will enable it to rapidly scale and build one of the most ambitious Ethereum treasury strategies in the public market. [TechFlow]