Stand With Crypto joins more than 60 organizations in urging U.S. lawmakers to support the Crypto Market Structure Act

Media and entertainment firm GameSquare has announced a public offering to fund its newly launched Ethereum (ETH)-based treasury strategy. The company board has approved $100 million ETH treasury allocation in phased investments. Announced Tuesday, GameSquare has priced an underwritten public offering aiming to raise $8.0 million in gross proceeds. The raise will help accelerate its ETH fund management strategy, which is supported by a strategic alliance with Dialectic. “This new treasury management strategy enhances our financial flexibility and allows us to support a defined capital allocation plan that is focused on pursuing additional ETH asset purchases, funding potential share repurchases and reinvesting in our growth initiatives,” said Justin Kenna, CEO of GameSquare. The ETH strategy targets yields of 8-14%, significantly higher than standard ETH staking returns of 3-4%. The initiative also includes potential diversification into NFTs and stablecoins to “amplify returns.” Today, we announced the pricing of our underwritten public offering to accelerate our Ethereum treasury strategy. Full release: https://t.co/9Bz1LVw1N1 pic.twitter.com/WQk5pgZjJD — GameSquare Holdings Inc. (@GSQHoldings) July 8, 2025 GameSquare Strategy Applies Multi-Layered Risk Management Protocols The company noted that it will implement an ETH-focused yield generation strategy using Dialectic’s Medici platform. The strategy “applies machine learning models, automated optimization, and multi-layered risk controls” in order to generate risk-adjusted returns. “Our crypto strategy reinforces our existing foundation in gaming, technology, and media, and is aligned with the broader trend of institutional adoption of digital assets,” Kenna added. This represents a high-risk, high-reward financial strategy that diverges from conventional corporate treasury management. While the strategy potentially offers superior returns, the approach could expose the company to substantial crypto market volatility and regulatory uncertainty. GameSquare Opens 45-Day Window for Underwriters Additionally, GameSquare has opened a 45-day option window for underwriters to purchase more shares, indicating growing confidence. The purchase of up to 1.26 million more shares further increases potential dilution. A financial strategist at Stock Titan noted that the move is a speculative pivot that ties GameSquare’s financial health to crypto markets. The significant crypto exposure fundamentally changes its risk profile and may signal challenges in its core business that are driving this unorthodox treasury approach, the analyst added. Following the announcement, GameSquare Holdings (GAME) stock closed at $1.54 on Tuesday , gaining a 58% amid strong buying activity.

Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, unveiled her crypto market legislation framework during the committee’s July 9 hearing. Elizabeth Warren Introduces Crypto Priorities in Senate Hearing According to a Wednesday press release from the committee, Warren debuted a list of five priorities she believes should “guide” U.S. lawmakers’ legislative process when developing crypto policy. Principles introduced by Warren include upholding securities laws for non-crypto assets, maintaining financial stability, requiring anti-money laundering compliance and closing sanctions loopholes ensuring investor protections, and preventing public officials from profiting off of crypto tokens. 🚨NEW: This morning, the Senate Banking Committee will hold a hearing on crypto market structure legislation. I’m hearing Elizabeth Warren, top Dem on the committee, will announce she would support a bill if it meets these 5 criteria: “1. Protecting our bedrock securities laws;… — Sander Lutz (@s_lutz95) July 9, 2025 “We need a crypto regulatory framework that reduces these risks,” said Warren. “But I’m concerned that what my Republican colleagues are aiming for is another industry handout that gives the crypto lobby exactly its wish list: The blessing of the government’s approval, combined with crypto rules that are weaker than the rules every other financial actor must follow.” “We need crypto legislation that will strengthen our financial system, not make it worse,” she added. Trump Faces Scrutiny For Crypto Ties Titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” the hearing largely focused on developing mainstay crypto market legislation. The hearing saw testimony from several high-ranking players in the crypto sector, including Blockchain Association CEO Summer Mersinger, Chainalysis CEO Jonathan Levin, and Ripple CEO Brad Garlinghouse. Other witnesses speaking at the event included former Commodity Future Trading Commission (CFTC) Chairman Timothy Massad, Paradigm General Partner Dan Robinson, and former Associate Counsel to the President Richard Painter. Warren has long spoken out about U.S. President Donald Trump’s crypto ventures, particularly in regards to his namesake memecoin $TRUMP. ​​“The American people deserve the unwavering assurance that access to the presidency is not being offered for sale to the highest bidder in exchange for the President’s own financial gain,” Warren and fellow Senator Adam Schiff (D-CA) said in a recent statement. However, it remains to be seen whether the Senate committee will seriously pursue Warren’s crypto legislative priorities .

Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg.…