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GameSquare Announces Initial Onchain Yield for August 2025 of Approximately 8%, or $5.4 million Annualized
Prnewswireยท 2025-09-04 12:00
Core Insights - GameSquare Holdings, Inc. has launched an Ethereum treasury strategy aimed at generating onchain yield, with initial results showing a monthly yield of 7.84% as of August 31, 2025, significantly outperforming traditional staking yields [2][4] - The company has also initiated an NFT yielding program expected to enhance annualized yields and strengthen its position in onchain financial innovation [1][2] Financial Performance - As of July 31, 2025, GameSquare held 14,227.55 ETH valued at approximately $53.14 million, which increased to 15,731.07 ETH worth about $69.09 million by August 31, 2025 [2] - The company purchased 1,402.52 ETH on August 1, 2025, at a price of $3,565 per ETH [3] - The net asset value per share is reported at $0.78 based on a total of 98,361,398 shares outstanding [4] Strategic Initiatives - The NFT yielding program, managed by 1OF1 AG, commenced on September 1, 2025, and is anticipated to contribute positively to the company's annualized yields [1][2] - GameSquare has launched a dedicated website, holdings.gamesquare.com, to provide real-time updates on the value of its onchain assets, enhancing transparency for investors [4][6] Market Position - GameSquare's annualized yield of 7.84% is notably higher than Coinbase's staking yield of 1.89% and Ethereum's current staking yield, which is more than four times lower [4] - The company has eliminated all long-term debt during the third quarter, positioning itself for profitability through its onchain treasury management program [4]