TechFlow, July 17 — According to PRNewswire, GameSquare Holdings, Inc. (Nasdaq: GAME), a publicly traded gaming and entertainment technology company, announced an offering to raise $70 million through a public equity offering, selling approximately 46.67 million shares of common stock at $1.50 per share.
The company plans to use the majority of the proceeds to significantly increase its Ethereum (ETH) holdings. GameSquare CEO Justin Kenna stated that this financing marks a key milestone for the company, enabling it to rapidly scale and build one of the most ambitious Ethereum treasury strategies in the public markets.
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