GameSquare Holdings, Inc. announced the strategic purchase of a rare 'Cowboy Ape' CryptoPunk NFT from Robert Leshner, founder of Compound and CEO of Superstate. The acquisition was valued at $5.15 million, paid in GameSquare's preferred stock convertible into approximately 3.4 million common shares at $1.50 per share.
This acquisition marks GameSquare's first direct NFT investment and is a major milestone in its blockchain-native brand and treasury strategy, which targets 6% to 10% annualized stablecoin returns. Robert Leshner's investment makes him a strategic shareholder in GameSquare.
The company also announced a recent $10 million ETH purchase, acquiring approximately 2,742.75 ETH at a weighted average price of approximately $3,646 per ETH. As of July 24, 2025, GameSquare's total ETH holdings reached approximately 12,913.49 ETH, increasing its crypto treasury holdings to over $52 million.
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