Gamesquare Holdings, Inc. Has completed a successful public offering, raising 70 million USD by selling 46.7 million shares at a price of 1.50 USD each.
The funds raised will primarily be used to enhance Gamesquare’s ethereum (ETH) holdings as part of their strategic shift towards digital asset treasury management in collaboration with Dialectic.
CEO Justin Kenna emphasized that this capital raise is crucial for executing their ambitious ethereum treasury strategy, targeting significant ETH acquisitions and anticipating millions in revenue from staking and appreciation.
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