GameSquare Stock (GAME) Skyrockets 60% Following Ethereum Treasury Greenlight
GameSquare's stock just pulled off a crypto-style moonshot—no meme coins required. The gaming-focused firm saw shares surge 60% after shareholders approved a move to diversify its treasury into Ethereum (ETH).
Why the rally? Institutional credibility meets Web3 hype. Adding ETH to the balance sheet signals confidence in crypto's long-term viability—or at least a savvy play for headline momentum. Either way, traders are biting.
Bonus jab: Because nothing says 'financial innovation' like chasing the asset that dropped 60% last bear market. Game on.
GameSquare Stock – Source: Stock Analysis
The firm stated Dialectic’s Medici platform will target yearly yields of 8-14% through automated, risk-managed DeFi strategies, well above the 3-4% earned from simple Ether staking. Dialectic employs multi-layer risk checks, smart-contract audits, and automatic rebalancing to guard capital while chasing the higher return. Chief executive Justin Kenna called the alliance a way to earn “real on-chain yield” while boosting flexibility and cash flow.
SharpLink Gaming and Bit Digital have made similar moves, and analysts say the rise of spot Ethereum ETFs is putting the token on corporate balance sheets.
Also Read: Tether Stores $8 Billion in Gold in Its Own Swiss Vault
