GameSquare Unveils Phased $100M Ethereum Strategy

GameSquare Holdings has unveiled a phased $100 million Ethereum treasury strategy, beginning with an $8 million raise via a public offering of 8.42 million shares at $0.95 each. The company will leverage Dialectic’s Medici platform, which uses machine learning and risk controls to target yields of 8–14%, exceeding standard ETH staking returns. In addition to ETH, GameSquare plans to diversify into stablecoins and NFTs to maximize returns. Following the announcement, GameSquare’s stock surged nearly 60%, and Ethereum prices also rose modestly. The move follows a trend among companies like Bit Digital and BitMine Immersion Technologies, which have also adopted Ethereum-centric treasury strategies. While offering the potential for high returns, GameSquare's plan carries significant risks related to crypto market volatility and regulatory uncertainty.