GameSquare Holdings, Inc. (NASDAQ:GAME) shares ripped nearly 38% in Tuesday’s after-hours trading ahead of a planned conference call to discuss its $100 million Ethereum (CRYPTO: ETH) treasury strategy.
What Happened: The company said it will host a listen-only conference call on Wednesday featuring CEO Justin Kenna, Dialectic founder Ryan Zurrer and Rhydon Lee of Goff Capital.
GameSquare’s board greenlighted a proposal last week to invest up to $100 million to build an Ethereum-based treasury. The strategy aims to generate sustainable, risk-adjusted yield through decentralized …