Ether Treasury Company GameSquare Buys CryptoPunk NFT for $5.15M

GameSquare Buys Rare CryptoPunk NFT From Robert Leshner for $5.15 Million

Nasdaq-listed digital media firm GameSquare acquired a rare CryptoPunk NFT known as Cowboy Ape #5577 from Compound founder Robert Leshner for $5.15 million in preferred stock convertible into common shares. This deal marks GameSquare’s first direct investment in NFTs and is part of its broader blockchain treasury strategy to generate returns through digital assets. “We also added $10M of ETH to our treasury, bringing total Ethereum treasury hold…

Ether Treasury Company GameSquare Buys CryptoPunk NFT for $5.15M

Digital media company GameSquare (GAME) said it bought Cowboy Ape #5577 of the CryptoPunk non-fungible token (NFT) collection from Robert Leshner for $5.15 million. The Frisco, Texas-based company, which described the purchase a strategic investment, also said it added just over $10 million worth of ether (ETH) to its treasury. Leshner, the founder of Compound Labs, an open-source protocol for algorithmic money markets on Ethereum, received the …

GameSquare Acquires Rare CryptoPunk #5577 for $5.15M in Stock - Blockchain & Cryptocurrencies Tabloid

GameSquare enhances crypto holdings with CryptoPunk and Ethereum acquisition, marking a strategic shift. The post GameSquare Acquires Rare CryptoPunk #5577 for $5.15M in Stock appeared first on Blockchain & Cryptocurrencies Tabloid.

Ethereum Treasury Firm Buys $5M CryptoPunk—And Is Borrowing Stablecoins Against It

GameSquare, a digital media company with an Ethereum treasury strategy, is borrowing stablecoins against its newly acquired CryptoPunk NFT.

GameSquare Acquires CryptoPunk NFT for $5.15M via Preferred Shares Reflecting Institutional NFT Adoption Trend

GameSquare (GAME), a Nasdaq-traded company, has acquired CryptoPunk 5577, a rare NFT from the iconic CryptoPunks collection, in a $5.15 million deal structured through preferred shares. The NFT, a special edition Ape Punk known as “Cowboy Ape,” was previously owned by DeFi pioneer Robert Leshner, founder of Compound. The transaction, finalized on July 18, 2025, represents a strategic shift toward institutional adoption of NFTs as part of corpora…