GameSquare Holdings, Inc. (GAME), a media, entertainment, and technology company, Monday said its Board has authorized the company to repurchase up to $5 million of shares.
GameSquare also said it began its previously disclosed Ethereum (ETH) treasury strategy through the partnership with Dialectic. It has increased its treasury holdings to 15,630.07 ETH by purchasing 2,717 of Ethereum for $10 million. GameSquare targets onchain yields of 8% to 14% annually through the partnership. "Every dollar of net income our Ethereum yield strategy generates can be used to buy back our stock, provided it trades below $1.50 per share under our current plan.... With over $60 million now deployed in ETH and NFT purchases, we're focused on turning Ethereum from a passive asset into a source of recurring revenue. This strategy is about more than just holding crypto, it's about generating real returns, creating shareholder value, and building a new revenue stream for the business," said Justin Kenna, CEO of GameSquare.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.