Latest news with #JustinKenna
USA Today
10 hours ago
- Business
- USA Today
GameSquare's Stream Hatchet Publishes 2025 Q2 Live Streaming Trends Report
Global live streaming viewership grew 5% year-over-year to 9.1 billion hours watched during 2025 Q2, reflecting the highest quarterly level since 2021 FRISCO, TEXAS / ACCESS Newswire / July 30, 2025 / Stream Hatchet, the leading provider of data analytics for the live streaming and gaming ecosystem and wholly-owned subsidiary of GameSquare Holdings (NASDAQ:GAME), ('GameSquare', or the 'Company'), has released its Q2 2025 Live Streaming Trends Report. The report reveals key insights into the evolution of the global live streaming market across gaming, esports, and entertainment. Access to the report is available at: 'The Q2 2025 report from Stream Hatchet underscores the continued growth of live streaming as a dominant force in media consumption,' said Justin Kenna, CEO of GameSquare. 'These insights highlight how audiences are shifting toward interactive, creator-led content experiences that offer greater engagement than traditional formats.' Key Insights from Stream Hatchet's 2025 Q2 Report: 9.1 billion hours watched in 2025 Q2, reflecting the highest quarterly level since 2021 Live streaming viewership continues to grow, up 5% year-on-year, surpassing the 9 billion mark for the first time since 2021 YouTube Gaming recorded its highest ever quarterly viewership at 2.2 billion hours watched Twitch's market share continues to decline, down 4.6% in 2025 Q2 to 54% YouTube Gaming holds onto just under a quarter of the market share Kick continues to grow, with their market share up 5.5% to almost 11% of the streaming market Despite 37% fewer tournaments compared to 2024 Q2, esports tournaments recorded a 6% increase in viewership to 729 million hours watched Viewership was evenly split between co-streaming channels and official esports channels, highlighting audiences growing preference for creator-driven content For more information on Stream Hatchet and insight into the esports and streaming markets, please visit their website at About GameSquare Holdings, Inc. GameSquare (NASDAQ: GAME) is a cutting-edge media, entertainment, and technology company transforming how brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. With a platform that spans award-winning creative services, advanced analytics, and FaZe Clan, one of the most iconic gaming organizations, we operate one of the largest gaming media networks in North America. Complementing our operating strategy, GameSquare operates a blockchain-native Ethereum treasury management program designed to generate onchain yield and enhance capital efficiency, reinforcing our commitment to building a dynamic, high-performing media company at the intersection of culture, technology, and next-generation financial innovation. To learn more, visit About Stream Hatchet Stream Hatchet delivers real-time, actionable insights into the gaming and live-streaming ecosystem across 16 platforms. From performance benchmarking to campaign ROI and influencer intelligence, Stream Hatchet empowers game publishers, brands, agencies, and tournament organizers with the industry's most granular data and reporting tools. For more information visit . Forward-Looking Information This news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company's future performance, revenue, growth and profitability; and the performance of the live streaming market . These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company's ability to grow their business and being able to execute on their business plans, the Company being able to complete and successfully integrate acquisitions, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to supports its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company's ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company's portfolio across entertainment and media platforms, dependence on the Company's key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company's most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. Corporate Contact Lou Schwartz, President Phone: (216) 464-6400 Email: ir@ Investor Relations Andrew Berger Phone: (216) 464-6400 Email: ir@ Media Relations Chelsey Northern / The Untold Phone: (254) 855-4028 Email: pr@ SOURCE: GameSquare Holdings, Inc. View the original press release on ACCESS Newswire
Yahoo
a day ago
- Business
- Yahoo
GameSquare's Stream Hatchet Publishes 2025 Q2 Live Streaming Trends Report
Global live streaming viewership grew 5% year-over-year to 9.1 billion hours watched during 2025 Q2, reflecting the highest quarterly level since 2021 FRISCO, TEXAS / / July 30, 2025 / Stream Hatchet, the leading provider of data analytics for the live streaming and gaming ecosystem and wholly-owned subsidiary of GameSquare Holdings (NASDAQ:GAME), ("GameSquare", or the "Company"), has released its Q2 2025 Live Streaming Trends Report. The report reveals key insights into the evolution of the global live streaming market across gaming, esports, and entertainment. Access to the report is available at: "The Q2 2025 report from Stream Hatchet underscores the continued growth of live streaming as a dominant force in media consumption," said Justin Kenna, CEO of GameSquare. "These insights highlight how audiences are shifting toward interactive, creator-led content experiences that offer greater engagement than traditional formats." Key Insights from Stream Hatchet's 2025 Q2 Report: 9.1 billion hours watched in 2025 Q2, reflecting the highest quarterly level since 2021 Live streaming viewership continues to grow, up 5% year-on-year, surpassing the 9 billion mark for the first time since 2021 YouTube Gaming recorded its highest ever quarterly viewership at 2.2 billion hours watched Twitch's market share continues to decline, down 4.6% in 2025 Q2 to 54% YouTube Gaming holds onto just under a quarter of the market share Kick continues to grow, with their market share up 5.5% to almost 11% of the streaming market Despite 37% fewer tournaments compared to 2024 Q2, esports tournaments recorded a 6% increase in viewership to 729 million hours watched Viewership was evenly split between co-streaming channels and official esports channels, highlighting audiences growing preference for creator-driven content For more information on Stream Hatchet and insight into the esports and streaming markets, please visit their website at About GameSquare Holdings, Inc. GameSquare (NASDAQ: GAME) is a cutting-edge media, entertainment, and technology company transforming how brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. With a platform that spans award-winning creative services, advanced analytics, and FaZe Clan, one of the most iconic gaming organizations, we operate one of the largest gaming media networks in North America. Complementing our operating strategy, GameSquare operates a blockchain-native Ethereum treasury management program designed to generate onchain yield and enhance capital efficiency, reinforcing our commitment to building a dynamic, high-performing media company at the intersection of culture, technology, and next-generation financial innovation. To learn more, visit About Stream Hatchet Stream Hatchet delivers real-time, actionable insights into the gaming and live-streaming ecosystem across 16 platforms. From performance benchmarking to campaign ROI and influencer intelligence, Stream Hatchet empowers game publishers, brands, agencies, and tournament organizers with the industry's most granular data and reporting tools. For more information visit . Forward-Looking Information This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company's future performance, revenue, growth and profitability; and the performance of the live streaming market . These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company's ability to grow their business and being able to execute on their business plans, the Company being able to complete and successfully integrate acquisitions, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to supports its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company's ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company's portfolio across entertainment and media platforms, dependence on the Company's key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company's most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. Corporate ContactLou Schwartz, PresidentPhone: (216) 464-6400Email: ir@ Investor RelationsAndrew BergerPhone: (216) 464-6400Email: ir@ Media RelationsChelsey Northern / The UntoldPhone: (254) 855-4028Email: pr@ SOURCE: GameSquare Holdings, Inc. View the original press release on ACCESS Newswire
Business Insider
24-07-2025
- Business
- Business Insider
GameSquare Acquires Iconic Cowboy Ape CryptoPunk from DeFi Pioneer Robert Leshner
Robert Leshner makes a strategic investment in GameSquare by selling CryptoPunk #5577 for $5.15 million of the Company's preferred stock GameSquare's initial NFT investment anchors yield strategy targeting 6-10% annualized stablecoin return Increases Ethereum treasury holdings to approximately $52 million, with recent $10 million purchase GameSquare Holdings, Inc. (Nasdaq: GAME) (the 'Company' or 'GameSquare'), a next-generation media, entertainment, and technology company, today announced that its Board of Directors has approved the strategic purchase of a rare and highly sought-after "Cowboy Ape" CryptoPunk NFT from Robert Leshner, founder of the DeFi protocol Compound and CEO of Superstate. Under the terms of the purchase agreement, GameSquare issued Robert Leshner $5.15 million of preferred stock that is convertible into approximately 3.4 million shares of GameSquare's common stock at $1.50 per share. The purchase marks GameSquare's first direct NFT investment and is a major milestone in its blockchain-native brand and treasury strategy that is targeting 6-10% annualized stablecoin returns. 'I am thrilled to announce our first 'grail' NFT investment as part of the differentiated treasury management strategy GameSquare is pursuing,' said Justin Kenna, CEO of GameSquare. 'In addition, we are excited to welcome Robert Leshner, one of crypto's most respected investors and a pioneer of decentralized finance as a shareholder. This relationship demonstrates the unique, forward-thinking strategy we have developed to expand into the fastest growing edges of onchain finance.' As GameSquare continues to expand its onchain finance strategy, the Company is also working with Superstate to explore opportunities to tokenize its shares on leading blockchains, using Superstate's recently announced Opening Bell platform. Robert Leshner stated, 'I'm excited to work with GameSquare as a shareholder, and support Justin and the team as they innovate on the digital-native treasury strategy, in traditional markets and onchain.' CryptoPunk Added to GameSquare Treasury Valued for its rarity and historical significance as one of only 24 Ape CryptoPunks in existence, the Cowboy Ape is widely regarded as the most desirable CryptoPunks of the 10,000-piece collection and NFTs in general. The acquisition adds a culturally iconic asset to the Company's onchain portfolio and positions GameSquare at the forefront of blockchain-native brand storytelling and community engagement. 'Acquiring CryptoPunks showcases our belief in the long-term value of digital identity, decentralized ownership, and cultural capital onchain. CryptoPunks are digital artifacts that helped define an era. Adding the Cowboy Ape to our treasury is both a strategic investment and a statement of intent,' Kenna concluded. NFT Yielding Strategy Under GameSquare's NFT yield program, the Company is deploying capital to leverage digital assets within the Ethereum ecosystem targeting an expected annualized return of 6%-10%. To support this strategy, GameSquare plans to leverage CryptoPunks for marketing activations, community building, and potential licensing opportunities, while continuing to expand its Web3 strategy with high-value, high-impact digital assets. It also plays a central role in GameSquare's proprietary NFT yield strategy, designed to generate sustainable onchain returns while enhancing brand equity. Advisor Ryan Zurrer's 1OF1 AG is managing GameSquare's NFT yield strategy and will custody the asset for yield generation purposes. ETH Holdings Update GameSquare also announced a recent $10 million ETH purchase, acquiring approximately 2,742.75 ETH at a weighted average price of approximately $3,646 per ETH. To date, GameSquare has purchased $45 million of ETH under its $250 million authorization. The Company currently has approximately 12,913.49 ETH as of July 24, 2025. These updates are part of the Company's crypto treasury management strategy with a current authorization of $250 million. The Company has formed a strategic partnership with leaders in the crypto space, including Ryan Zurrer of Dialectic and Rhydon Lee of Goff Capital, to manage and optimize its treasury management program. GameSquare's custom ETH-focused yield generation strategy is built on top of Dialectic's proprietary platform Medici, which applies machine learning models, automated optimization, and multi-layered risk controls to generate best-in-class risk-adjusted returns. Targeted onchain yields of 8-14% significantly exceed the current ETH staking benchmarks of 3-4%. Dialectic's program includes multi-layered risk management protocols that are widely recognized as the best risk-adjusted yields in DeFi. Once fully implemented, GameSquare expects to allocate capital generated from this strategy to support additional ETH asset purchases or reinvest in the Company's growth initiatives. About GameSquare Holdings, Inc. GameSquare (NASDAQ: GAME) is a cutting-edge media, entertainment, and technology company transforming how brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. With a platform that spans award-winning creative services, advanced analytics, and FaZe Clan, one of the most iconic gaming organizations, they operate one of the largest gaming media networks in North America. Complementing their operating strategy, GameSquare operates a blockchain-native Ethereum treasury management program designed to generate onchain yield and enhance capital efficiency, reinforcing their commitment to building a dynamic, high-performing media company at the intersection of culture, technology, and next-generation financial innovation. To learn more, users can visit Forward-Looking Statements: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company's future performance, revenue, growth and profitability; and the Company's ability to execute on its current and future business plans. These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company's ability to grow its business and being able to execute on its business plans, the success of Company's vendors and partners in their provision of services to the Company, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to supports its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company's ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company's portfolio across entertainment and media platforms, dependence on the Company's key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company's most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. Phone: (216) 464-6400 Email: ir@ GameSquare Investor Relations Andrew Berger Phone: (216) 464-6400 Email: ir@ GameSquare Media Relations Chelsey Northern / The Untold Phone: (254) 855-4028 Email: pr@ Contact President Lou Schwartz GAMESQUARE
Yahoo
21-07-2025
- Business
- Yahoo
GameSquare Expands Crypto Treasury Program to $250 Million
Increases Ethereum treasury holdings to approximately $38 million, with recent $30 million purchase Launches NFT yield program creating one of the first treasury management strategies to leverage digital assets within the Ethereum ecosystem targeting an expected annualized return of 6%-10% FRISCO, Texas, July 21, 2025 /PRNewswire/ -- — GameSquare Holdings, Inc. (Nasdaq: GAME) (the "Company" or "GameSquare") a next-generation media, entertainment, and technology company, today announced that its Board of Directors has increased the Company's digital asset treasury management authorization from $100 million to $250 million. As part of the expanded program, the Board has approved a new NFT yield strategy, with an initial $10 million allocation. The updated treasury framework enables the Company to actively deploy capital into high-quality Ethereum-based assets and generate sustainable stablecoin yields targeting a 6–10% return. "We believe this moment marks the future of capital strategy for modern media companies, after months of planning and diligence. We're not just holding Ethereum, we're putting it to work in a proprietary way with best-in-class partners. With Dialectic as our partner, we're building a dynamic treasury engine designed to generate real onchain yield that funds innovation across our exclusive platform. This isn't a hedge, it's a multi-year growth strategy focused on creating significant shareholder value," said Justin Kenna, CEO of GameSquare. ETH Holdings UpdateGameSquare recently purchased $30 million of ETH, acquiring approximately 8,351.89 ETH at a weighted average price of approximately $3,592 per ETH. To date, GameSquare has purchased $35 million of ETH under its $250 million authorization. The Company currently has approximately 10,170.74 ETH as of July 21, 2025. NFT Strategy LaunchGameSquare's NFT strategy will focus on Ethereum-native digital assets that align with its creative DNA, including culturally iconic digital art and collectibles. Rather than passively holding crypto assets, the Company is emphasizing capital efficiency and utilizing DeFi protocols to unlock stablecoin yield while enhancing the long-term value of its ETH holdings. To ensure strong oversight, GameSquare has implemented a dedicated digital asset investment committee reporting to the Board. All allocations are reviewed for compliance, security, and valuation integrity. The Company does not engage in related-party transactions and has strict internal controls in place for digital asset custody and liquidity management. "We are excited to be among the first public companies to include NFTs as part of a diversified digital asset strategy. This reflects the innovative approach to our treasury management initiatives. With deep experience building in-game and real-world creative environments, GameSquare is uniquely positioned to understand the cultural and economic value of these digital assets," Kenna continued. Increased AuthorizationThe Company's Board of Directors has increased its crypto treasury management authorization from $100 million to $250 million, as a result of the program's mounting success. The Company has formed a strategic partnership with leaders in the crypto space including Ryan Zurrer of Dialectic and Rhydon Lee of Goff Capital to manage and optimize its treasury management program. "Our crypto strategy complements GameSquare's broader strategic growth plan and aligns with the growing institutional adoption of Ethereum-based assets. GameSquare isn't just trying to get involved in an arms race of who can acquire the most ETH for the sake of acquiring ETH. Our growth strategy is focused on innovation and leveraging our established digital, media and creative operations. In addition, our treasury program strengthens our balance sheet while building the potential for recurring cash flow from a rapidly evolving asset class. We are excited to report on our growing success," Kenna concluded. GameSquare's custom ETH-focused yield generation strategy is built on top of Dialectic's proprietary platform Medici, which applies machine learning models, automated optimization, and multi-layered risk controls to generate best-in-class risk-adjusted returns. Targeted onchain yields of 8-14% significantly exceed the current ETH staking benchmarks of 3-4%. Dialectic's program includes multi-layered risk management protocols that are widely recognized as the best risk adjusted yields in DeFi. Once fully implemented, GameSquare expects to allocate capital generated from this strategy to support additional ETH asset purchases or reinvest in the Company's growth initiatives. About GameSquare Holdings, (NASDAQ: GAME) is a cutting-edge media, entertainment, and technology company transforming how brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. With a platform that spans award-winning creative services, advanced analytics, and FaZe Clan, one of the most iconic gaming organizations, we operate one of the largest gaming media networks in North America. Complementing our operating strategy, GameSquare operates a blockchain-native Ethereum treasury management program designed to generate onchain yield and enhance capital efficiency, reinforcing our commitment to building a dynamic, high-performing media company at the intersection of culture, technology, and next-generation financial innovation. To learn more, visit Forward-Looking Statements:This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company's future performance, revenue, growth and profitability; and the Company's ability to execute on its current and future business plans. These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company's ability to grow its business and being able to execute on its business plans, the success of Company's vendors and partners in their provision of services to the Company, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to supports its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company's ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company's portfolio across entertainment and media platforms, dependence on the Company's key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company's most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. View original content to download multimedia: SOURCE GameSquare
Scoop
19-07-2025
- Business
- Scoop
GameSquare Buys $5M Ethereum For Treasury Strategy
DALLAS, Texas – [July 14, 2025] – GameSquare Holdings, Inc. (NASDAQ: GAME), a next-generation media, entertainment, and technology company, recently announced that it has completed a $5 million purchase of Ethereum (ETH) as part of its recently unveiled $100 million digital asset treasury strategy. The initiative reflects the company's broader push to integrate blockchain technology into its core business and treasury operations, positioning itself at the forefront of Web3 innovation within the digital media landscape. GameSquare made the acquisition as the first step in what it calls a 'strategic and intentional allocation' of corporate reserves toward digital assets, including Ethereum. The ETH purchase was facilitated in collaboration with Dialectic, a global leader in crypto-native capital management and one of the firm's key strategic partners. Dialectic is set to provide advisory and infrastructure support as GameSquare transitions portions of its treasury management from traditional assets to crypto-backed reserves. 'This $5 million Ethereum purchase isn't just a one-off investment,' said Justin Kenna, CEO of GameSquare. 'It's the beginning of a long-term strategy to explore decentralized financial infrastructure while expanding shareholder value through forward-looking treasury diversification.' The move comes amid growing interest from public companies in holding digital assets on their balance sheets as a hedge against currency debasement and as a bet on the expanding utility of decentralized technologies. GameSquare's initiative is especially noteworthy given its position as a crossover brand at the intersection of gaming, media, sports, and entertainment — sectors already seeing massive disruption and innovation from blockchain applications. GameSquare's ETH acquisition aligns with a larger $100 million capital allocation framework that will be deployed over several quarters. The company aims to incrementally acquire ETH and other digital assets while actively integrating blockchain-based services across its platforms. According to company officials, the strategy will also enable GameSquare to test Web3 tools like tokenized loyalty systems, digital identity management, and smart contract automation in live environments. 'Our audience is natively digital, and we're building for a future where ownership and experience go hand in hand,' said Kenna. 'Ethereum provides the infrastructure to support this vision.' The announcement follows closely on the heels of GameSquare's $8 million underwritten public offering, the proceeds of which are expected to fund the Ethereum-focused treasury shift. Investors responded positively to the treasury update, viewing the move as a bold bet on long-term growth and technological relevance. Dialectic, GameSquare's strategic partner in this initiative, is known for guiding institutions through the complexities of Web3 exposure. Their role in helping GameSquare develop and execute the treasury playbook will likely reduce operational friction and enhance security, two key concerns for public companies entering the digital asset space. The partnership is also expected to include ongoing oversight, dynamic rebalancing of crypto assets, and implementation of risk mitigation protocols — including cold storage and multi-signature authorization models — to meet the compliance standards of a publicly traded entity. GameSquare's leadership emphasized that the strategy will be evaluated continuously based on market conditions, technological progress, and shareholder interests. While ETH is the initial focus, the company has not ruled out diversification into other blockchain assets, NFTs, or decentralized finance instruments. As more companies seek relevance in a digital-first world, GameSquare's Ethereum treasury strategy may signal a wider shift in how media companies manage and leverage corporate capital.
