US Stock Company GameSquare Announces Phased Establishment of Ethereum Treasury

By: theblockbeats.news|2025/07/09 02:36:56

BlockBeats News, July 9th, GameSquare Holdings, Inc. (NASDAQ: GAME) announced that the board has approved the phased establishment of an Ethereum treasury, with a total value of up to $100 million. It will sell 8,421,054 shares of common stock (or common stock equivalents) at a price of $0.95 per share, expecting to generate approximately $8 million in total proceeds before deducting underwriting discounts and commissions and offering expenses as the initial Ethereum treasury establishment cost.

The whale sold 1.59 million FARTCOIN and exchanged them for SPX, BONK and PENGU, and still held tokens worth $1.46 million 「Ethereum ICO Whale of 1 Million Tokens」 Sells Another 1000 ETH, Still Holds 23,619 ETH

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