GameSquare raised $8 million, preparing to invest up to $100 million in ETH.

2025-07-09 03:19:05

Gate News bot news, media and technology company GameSquare (NASDAQ: GAME) successfully issued 8,421,054 shares of common stock at a price of $0.95 per share, expecting to raise approximately $8 million before expenses.

Most of the funds will be used to deploy financial strategies based on Ethereum (ETH) in collaboration with Dialectic, a global leader in crypto capital management.

GameSquare aims to achieve a return rate of 8-14%, significantly higher than the current popular ETH staking return rate (3-4%). The strategy employs Dialectic’s Medici platform, which combines machine learning and multi-layer risk control.

The GameSquare board has approved a plan to allocate up to $100 million in ETH for phased investments while retaining operating capital for core business.

ETH-0.72%

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.