News/GameSquare to Focus on Crypto: Difference between revisions

From TwogPedia
News/GameSquare to Focus on Crypto
(Created page with "{{News |seo_title=GameSquare to Focus on Crypto |seo_keywords=GameSquare |image=GameSquare.png |tags=GameSquare |date=2025-07-28T11:32:40.000Z |sources={{NewsSource |source=MSN Esports |url=https://www.msn.com/en-us/entertainment/gaming/gamesquare-ignites-retail-buzz-with-250m-crypto-strategy-and-nft-yields/ar-AA1J11Wc |article=News/GameSquare to Focus on Crypto }} |author=Andura |category=Business |content=GameSquare Holdings Inc. is making a deeper push into the world...")
 
(No difference)

Latest revision as of 11:36, 28 July 2025

GameSquare.png
GameSquare to Focus on Crypto

Business

28 July 2025 11:32

GameSquare Holdings Inc. is making a deeper push into the world of digital assets, unveiling a strategic expansion of its Ethereum-focused treasury and launching a new program centered around income-generating NFTs. The move, announced Monday, represents a bold step toward integrating decentralized finance (DeFi) tools and Web3-native assets into its long-term capital strategy.

In a statement, the company confirmed that its Board of Directors has raised the cap on crypto treasury management from $100 million to $250 million, granting broader flexibility to scale its digital asset portfolio. As part of this expanded mandate, GameSquare has already acquired approximately 10,170 ETH—worth over $35 million—at an average cost basis of $3,592 per token.

“Our approach is designed to go beyond passive crypto exposure,” a company spokesperson said. “We’re focused on maximizing capital efficiency through Ethereum-native strategies that align with both our creative mission and financial goals.”

Despite the bullish announcement, GameSquare Holdings shares slipped more than 8% during Monday afternoon trading. However, retail investor sentiment on platforms like Stocktwits remained highly optimistic. Message volume surged over 100% in the past 24 hours, with sentiment metrics rating the stock as “extremely bullish” at 87 out of 100.

“This is a great opportunity, especially with crypto heating up again,” one user posted. Another called the move “the most forward-thinking step GAME has made all year.”

In addition to ramping up its ETH holdings, GameSquare is launching a $10 million initiative aimed at acquiring Ethereum-based NFTs and deploying capital into stablecoin-yielding DeFi protocols. The company is targeting annualized returns of 6% to 10%, aiming to convert its ETH reserves into a productive, yield-generating asset base.

More:GameSquare Secures $10m

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png


GameSquare.png
GameSquare to Focus on Crypto

Business

28 July 2025 11:32

GameSquare Holdings Inc. is making a deeper push into the world of digital assets, unveiling a strategic expansion of its Ethereum-focused treasury and launching a new program centered around income-generating NFTs. The move, announced Monday, represents a bold step toward integrating decentralized finance (DeFi) tools and Web3-native assets into its long-term capital strategy.

In a statement, the company confirmed that its Board of Directors has raised the cap on crypto treasury management from $100 million to $250 million, granting broader flexibility to scale its digital asset portfolio. As part of this expanded mandate, GameSquare has already acquired approximately 10,170 ETH—worth over $35 million—at an average cost basis of $3,592 per token.

“Our approach is designed to go beyond passive crypto exposure,” a company spokesperson said. “We’re focused on maximizing capital efficiency through Ethereum-native strategies that align with both our creative mission and financial goals.”

Despite the bullish announcement, GameSquare Holdings shares slipped more than 8% during Monday afternoon trading. However, retail investor sentiment on platforms like Stocktwits remained highly optimistic. Message volume surged over 100% in the past 24 hours, with sentiment metrics rating the stock as “extremely bullish” at 87 out of 100.

“This is a great opportunity, especially with crypto heating up again,” one user posted. Another called the move “the most forward-thinking step GAME has made all year.”

In addition to ramping up its ETH holdings, GameSquare is launching a $10 million initiative aimed at acquiring Ethereum-based NFTs and deploying capital into stablecoin-yielding DeFi protocols. The company is targeting annualized returns of 6% to 10%, aiming to convert its ETH reserves into a productive, yield-generating asset base.

More:GameSquare Secures $10m

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
MSN Esports.png

Media Archive: