GameSquare has raised the scale of its encryption treasury to $250 million and launched an NFT investment strategy.

robot
Abstract generation in progress

[GameSquare increases its encryption treasury size to $250 million and launches NFT investment strategy] The media technology company GameSquare, listed on the US stock market (NASDAQ: GAME), announced that it has raised its digital asset treasury authorization limit from $100 million to $250 million and has purchased over 10,000 ETH, with a total value of approximately $35 million. GameSquare has partnered with crypto investment firm Dialectic to launch an NFT investment strategy based on the Ethereum ecosystem, with an initial investment of $10 million. GameSquare stated that this move aims to enhance capital efficiency and generate stable returns by actively deploying ETH and NFT assets, supporting the long-term growth of its media and creative business. The company has also established a dedicated digital asset investment committee to ensure risk control and compliance.

ETH-2.79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)