GameSquare Completes $8 Million Fundraising, Plans to Launch Ethereum Fund Management Strategy

Odaily News Media and technology company GameSquare (NASDAQ: GAME) announced that it has completed $8 million in fundraising to launch its Ethereum fund management strategy. According to the announcement, this round of financing was completed through an underwritten public offering with an issue price of $0.95 per share, with a total of 8,421,054 common shares issued.
The company's board of directors has approved a phased investment plan in Ethereum of no more than $100 million, while reserving sufficient operating funds for daily operations.