5 Best Ethereum Stocks to Buy Now

2. GameSquare Holdings Inc. (NASDAQ:GAME)

Stock Upside: 258.42%

Number of Hedge Fund Holders: 2

GameSquare Holdings Inc. (NASDAQ:GAME) is one of the best Ethereum stocks to buy now. On April 14, GameSquare Holdings, Inc. (NASDAQ:GAME), said its Board of Directors had raised the ceiling of its stock repurchase program from $5 million to $15 million. The Board made the call based on accelerating profitability and a strong balance sheet.

GameSquare first launched the share buyback program in October 2025, and as of March 31, 2026, the company had already deployed $2.5 million to buy back 5.06 million shares. According to CEO Justin Kenna, the full utilization of the remaining $12.5 million authorization could represent the repurchase of approximately 40% of the company’s current common shares outstanding at recent trading levels.

Meanwhile, on April 8, GameSquare reported its Q4 2025 financial results, delivering what the company described as a pivotal milestone. The milestone is the company’s first-ever positive adjusted EBITDA quarter of $1.7 million. This is a massive turnaround from a loss of $3.1 million in the same period a year earlier.

The earnings report also showed that as of December 31, 2025, GameSquare held 15,287.88 ETH on its balance sheet. Of that, 13,944.57 ETH was actively deployed in an onchain yield strategy managed in partnership with a firm called Dialectic. The Dialectic yield strategy ran from August 1 to December 31, 2025, and generated $1.1 million in yield. The company classified this ETH fund as a long-term asset on the balance sheet, and carried at $41.4 million as of year-end 2025.

GameSquare Holdings Inc. (NASDAQ:GAME) is a media, entertainment, technology, and digital finance company. The company actively acquires Ethereum and deploys these holdings into yield-generating strategies, including staking and DeFi applications.