According to ChainCatcher and PRNewswire, GameSquare Holdings, Inc. (NASDAQ: GAME), a publicly traded game entertainment technology company, announced the completion of a $70 million public offering, selling approximately 46.67 million common shares at a price of $1.50 per share.
The company plans to use most of the raised funds to significantly increase its ETH holdings. GameSquare CEO Justin Kenna stated that this financing is an important milestone that will enable the company to rapidly expand and build one of the most ambitious ETH treasury strategies in the public market.
