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GameSquare has raised the scale of its encryption treasury to $250 million and launched an NFT investment strategy.
[GameSquare increases its encryption treasury size to $250 million and launches NFT investment strategy] The media technology company GameSquare, listed on the US stock market (NASDAQ: GAME), announced that it has raised its digital asset treasury authorization limit from $100 million to $250 million and has purchased over 10,000 ETH, with a total value of approximately $35 million. GameSquare has partnered with crypto investment firm Dialectic 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 enhance capital efficiency and generate stable returns by actively deploying ETH and NFT assets, supporting the long-term growth of its media and creative business. The company has also established a dedicated digital asset investment committee to ensure risk control and compliance.