gamesquare

ChainCatcher news, Nasdaq-listed company GameSquare released its monthly performance report, disclosing that as of August 31, it holds 15,731.07 ETH, valued at approximately $69,089,444. GameSquare stated that its ETH holdings and revenue data do not include other on-chain assets, including the company's NFT portfolio, which had a cost basis of approximately $7.15 million as of the end of August.

ChainCatcher news, Nasdaq-listed media and entertainment company GameSquare announced a strategic partnership with Animecoin Foundation to purchase $2.5 million worth of Animecoin (ANIME) within a year and become the designated agency for Animecoin. This collaboration aims to expand GameSquare's Web 3 layout, add high-potential digital assets to its crypto treasury, and enhance Animecoin's influence in the global gaming and anime markets. GameSquare will also collaborate with Azuki to develop physical and digital products and showcase the Animecoin brand through FaZe Esports.

ChainCatcher news, according to market news, GameSquare has approved a stock buyback plan funded by Ethereum earnings, having spent $10 million to purchase an additional 2,717 Ethereum, increasing its Ethereum treasury holdings to 15,630.07 ETH.

ChainCatcher news, according to The Block, NFT market monitoring data shows that the trading volume of the CryptoPunks series exceeded $24.6 million last week, setting a new weekly record since March 2024, with a surge of 416% compared to the previous week. Market activity increased alongside a comprehensive rise in price indicators: the floor price climbed from 40 ETH to 47.5 ETH, and the average selling price rose from $140,000 to $182,000.This market recovery is directly related to the milestone acquisition by Nasdaq-listed company GameSquare. The parent company of FaZe Clan recently issued $5.15 million in preferred stock to acquire the rare "Ape Punk" #5577 at a valuation three times the market floor price.

ChainCatcher news, according to Chainwire, Nasdaq-listed company GameSquare Holdings (NASDAQ: GAME) announced the acquisition of CryptoPunk #5577 from DeFi protocol Compound founder Robert Leshner for $5.15 million in preferred stock. This marks GameSquare's first direct investment in NFTs.GameSquare currently holds approximately 12,913.49 ETH, with a total value of Ethereum assets around $52 million.

ChainCatcher news, according to market news, GameSquare (stock code: GAME) recently purchased approximately 8,351 Ethereum (ETH) at a weighted average price of about $3,592, with a total value of approximately $30 million.The media and entertainment company listed on NASDAQ announced on Monday that its board has increased the management authorization for its digital asset treasury from the original $100 million to $250 million. As part of this plan, the board also approved a brand new NFT revenue strategy, with an initial allocation of $10 million. The company has also established strategic partnerships with Ryan Zurrer of Dialectic and Rhydon of Goff Capital to jointly manage and optimize its crypto asset treasury project.This updated treasury framework will enable GameSquare to actively deploy capital into high-quality Ethereum ecosystem assets and achieve sustainable returns of 6% to 10% annually through stablecoin revenue strategies. To date, GameSquare has purchased $35 million worth of ETH within its $250 million authorization limit. As of July 21, the company holds approximately 10,170.74 ETH.

ChainCatcher news, according to PRNewswire, the publicly traded gaming and entertainment technology company GameSquare Holdings, Inc. (NASDAQ: GAME) announced the completion of a $70 million public offering, selling approximately 46.67 million shares of common stock at a price of $1.50 per share.The company plans to use most of the raised funds to significantly increase its Ethereum (ETH) holdings. GameSquare CEO Justin Kenna stated that this financing is an important milestone for the company, enabling it to rapidly scale and create one of the most ambitious Ethereum treasury strategies in the public market.

ChainCatcher news, according to Chainwire, GameSquare Holdings, Inc. (NASDAQ: GAME) announced today that it has completed a purchase of $5 million in Ethereum (ETH), acquiring approximately 1,818.84 ETH at an average price of $2,749 per coin.Yesterday's report stated that the GameSquare board has approved a phased establishment of an Ethereum treasury, with a total amount of up to $100 million.

ChainCatcher news, US stock GameSquare (Ticker: GAME) rose 5.84% after hours, closing at $1.63.Previously, the company announced that the board has approved a phased establishment of an Ethereum treasury, with a maximum amount of up to $100 million.

ChainCatcher news, according to an official announcement, media, entertainment, and technology company GameSquare Holdings Inc. (NASDAQ: GAME) has announced that the pricing for its previously announced underwritten public offering has been set, with 8,421,054 shares of common stock (or equivalents) being sold at a price of $0.95 per share, expecting total proceeds of approximately $8 million before deducting underwriting discounts and commissions and offering expenses.The company intends to use a significant portion of the proceeds to accelerate the launch of its newly established Ethereum fund management strategy. The GameSquare board has approved a phased investment in Ethereum, with a total amount of up to $100 million, while reserving sufficient working capital for operational business.