GameSquare Expands Crypto Treasury Program to $250 Million

Core Insights - GameSquare Holdings has increased its digital asset treasury management authorization from $100 million to $250 million, reflecting the success of its treasury management program [8][9] - The company has launched an NFT yield program with an initial allocation of $10 million, targeting an expected annualized return of 6%-10% [2][3] - GameSquare recently purchased $30 million worth of Ethereum (ETH), acquiring approximately 8,351.89 ETH at an average price of $3,592 per ETH, bringing its total ETH holdings to approximately 10,170.74 ETH [4][5] Treasury Management Strategy - The updated treasury framework allows the company to actively invest in high-quality Ethereum-based assets and generate sustainable stablecoin yields [2][5] - GameSquare's NFT strategy focuses on culturally iconic digital art and collectibles, emphasizing capital efficiency and the use of DeFi protocols to unlock stablecoin yield [5][6] - A dedicated digital asset investment committee has been established to ensure compliance, security, and valuation integrity in the treasury management process [6] Strategic Partnerships and Future Plans - GameSquare has partnered with leaders in the crypto space, including Dialectic, to manage and optimize its treasury management program [8][9] - The company's crypto strategy is designed to complement its broader growth plan and align with the increasing institutional adoption of Ethereum-based assets [9][10] - GameSquare's yield generation strategy utilizes Dialectic's proprietary platform, targeting on-chain yields of 8-14%, significantly higher than current ETH staking benchmarks of 3-4% [10][11]