GameSquare Rockets 53%, SBET Surges 29% as Ethereum Tops $3,400

GameSquare Rockets 53%, SBET Surges 29% as Ethereum Tops $3,400

GameSquare (GAME) said late Tuesday it will review its $100 million Ethereum-based treasury strategy Wednesday, in partnership with Dialectic and Ryan Zurrer.

A conference call featuring GameSquare Chief Executive Justin Kenna, among others, will present a strategy to achieve 'on-chain' yields of 8% to 14%, surpassing current ETH staking benchmarks of 3% to 4%, according to the company.

The initiative follows GameSquare's recent capital raise, aiming to establish ETH treasury management as a yield-generating business vertical capable of producing more than $10 million in annual profitability.