GameSquare Holdings Inc. has announced a significant expansion of its financial strategy with a $5 million purchase of Ethereum, acquiring approximately 1,818.84 ETH at an average price of $2,749 per ETH. This purchase marks the initial step in the company's $100 million Ethereum treasury strategy, aimed at establishing a crypto-native treasury management system. GameSquare, a media, entertainment, and technology company, is partnering with Dialectic and Ryan Zurrer to employ Medici, a platform that leverages machine learning for risk-adjusted yields of 8-14%. Additionally, Lucid Capital Markets has exercised its full over-allotment option, increasing the company's recent offering proceeds to $9.2 million. The expansion reflects GameSquare's commitment to a forward-looking growth strategy and its confidence in the support of investors and decentralized finance leaders.
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