GameSquare Secures $8 Million for Ethereum Investment Strategy

According to Odaily, media and technology company GameSquare, listed on NASDAQ under the symbol GAME, has successfully raised $8 million to initiate its Ethereum fund management strategy. The funding was achieved through an underwritten public offering, with shares priced at $0.95 each, resulting in the issuance of 8,421,054 common shares. The company's board has approved a phased Ethereum investment plan with a cap of $100 million, while ensuring sufficient working capital for daily operations.