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Exponential TOM @ExponentialTom on x XXX followers
Created: 2025-07-27 00:53:07 UTC
🧠GameSquare Acquires Iconic NFT & Boosts ETH Holdings
• 🧵 @GSQHoldings has acquired the iconic Cowboy Ape #5577 CryptoPunk in a $5.15M strategic deal from DeFi pioneer @rleshner, a major figure in early decentralized finance. • 💸 The NFT purchase marks one of the most notable high-value Web3 art acquisitions this year, signaling GameSquare’s confidence in digital identity and on-chain culture. • 🪙 In addition to the NFT acquisition, GameSquare added $10M in $ETH to its treasury. • 🧾 This brings the company’s total Ethereum holdings to over $XX million, strengthening its position in digital assets and decentralized finance. • 🧬 GameSquare has been building out infrastructure and digital experiences that leverage NFTs, crypto-native branding, and Ethereum-based protocols.
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🧠Why it matters
This is another sign that NFTs and Ethereum are not just speculative assets—they’re being treated as core strategic infrastructure by forward-looking companies. GameSquare’s move aligns it with the next generation of Web3-native consumer and financial platforms.
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Related Topics $10m investment onchain web3 finance decentralized $515m nft