GameSquare stock rocketed 53%, SBET surged 29% as ethereum topped $3,400 at one time.
GameSquare extended its impressive monthly gain to 53% as it 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.
SharpLink Gaming extended its impressive monthly gain to 276%. The dramatic rise comes after the company announced it had become the world's largest corporate holder of Ethereum (ETH), a major cryptocurrency.
According to the announcement made on July 15, 2025, SharpLink Gaming now holds 285,894 ETH, valued at approximately $8.7 billion. The company aggressively expanded its holdings between July 7 and July 13, acquiring 74,656 Ethereum tokens at a weighted average price of $2,852 per token. This strategic move positions SharpLink Gaming ahead of other corporate accumulators in the digital asset space and even surpasses the Ethereum Foundation's holdings.
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