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GameSquare and SharpLink Bet Big on Ethereum

GameSquare and SharpLink Bet Big on Ethereum
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GameSquare and SharpLink- Companies Choose Ethereum Over Bitcoin in 2025 Shift

GameSquare and SharpLink– Ethereum has gained over 7% in the past week and is up 2.8% intraday, but analysts note it remains range-bound, stuck in a two-month sideways channel. Despite this, corporate interest in ETH continues to rise, as highlighted by Ethereum co-founder Joe Lubin on CNBC’s Squawk Box:

What does Wall Street pay attention to? It pays attention to being able to make money,” he said, citing growing efforts to “tell the Ethereum story.

GameSquare Unveils $100M Ethereum Treasury Strategy

On July 8, GameSquare Holdings announced a new ETH-focused treasury plan in partnership with Dialectic, a crypto capital management firm. The strategy will allocate up to $100 million in ETH, deployed in phases. GameSquare shares edged up 0.57%, closing at $1.54, per Google Finance.

The initiative runs on Dialectic’s Medici platform, which combines machine learning and automated risk management. GameSquare is targeting 8–14% annual yields, significantly above traditional ETH staking returns. To fund the move, the company issued over 8.4 million shares at $0.95, raising around $8 million.

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SharpLink Holds Over $533M in Ethereum

SharpLink Gaming revealed it now holds 205,634 ETH, acquired between June 28 and July 4, at an average of $2,501, totaling $533 million. It previously bought $30 million worth of ETH on June 25. SharpLink has staked all its ETH and earned 322 ETH in rewards (~$848,750) since June 2. Chairman Joe Lubin emphasized:

SharpLink’s sustained success is a direct result of its ETH-centric treasury strategy.

Bit Digital Exits Bitcoin for Ethereum

Bit Digital, listed on Nasdaq, sold its entire Bitcoin position to acquire over 100,000 ETH with $172 million. CEO Sam Tabar noted:

We believe Ethereum has the ability to rewrite the entire financial system.

The firm now positions itself as one of the largest corporate ETH holders worldwide.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

GameSquare and SharpLink Bet Big on Ethereum

GameSquare and SharpLink Bet Big on Ethereum
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