GameSquare raises its crypto treasury size to $250 million and launches NFT investment strategy

According to Golden Finance, GameSquare (NASDAQ: GAME), a media technology company listed on the US stock market, announced that it has increased its authorized limit for its digital asset treasury from $100 million to $250 million, and has purchased over 10000 ETH worth approximately $35 million. GameSquare has partnered with cryptocurrency investment firm Reflectic to launch an NFT investment strategy based on the Ethereum ecosystem, with an initial investment of $10 million. GameSquare stated that this move aims to improve capital efficiency and create stable returns by proactively deploying ETH and NFT assets to support the long-term growth of its media and creative businesses. The company has also established a dedicated digital asset investment committee to ensure risk control and compliance.