GameSquare (GAME) Unveils $100M Ethereum Strategy After $70M Capital Raise

GameSquare Holdings Inc (NASDAQ:GAME) is one of the best high-return penny stocks to buy now. On July 17, the company completed a $70 million public offering to kick off its ambitious $100 million Ethereum-based treasury strategy.

GameSquare (GAME) Unveils $100M Ethereum Strategy After $70M Capital Raise

A close-up of a roulette wheel at an online casino, capturing the excitement of the game.

Aimed at generating 8–14% annual yields—far above traditional ETH staking—this move positions GameSquare as one of the first public companies to execute a large-scale, on-chain treasury model. CEO Justin Kenna called the initiative a pivotal milestone in expanding their footprint across decentralized finance.

Partnering with crypto-native asset manager Dialectic, GameSquare will deploy capital across Ethereum yield avenues such as staking, lending, and liquidity provisioning via the Medici platform. The strategy incorporates machine learning and layered risk controls, and has board approval to scale gradually based on market conditions. Management sees this as a strategic way to optimize returns, diversify cash assets, and reinforce GameSquare’s role in digital innovation.

GameSquare Holdings Inc (NASDAQ:GAME) is a digital media and entertainment company focused on gaming and youth culture. Its platform includes esports talent (Code Red), digital media (GCN), lifestyle marketing (Zoned, FaZe), creative production (Fourth Frame Studios), merchandise (Mission Supply), programmatic ads (Frankly Media), live-stream analytics (Stream Hatchet), and influencer marketing (Sideqik). It also offers marketing services and advanced analytics solutions.

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Disclosure: None. This article is originally published at Insider Monkey.