GameSquare Holdings has announced a bold $100 million investment in Ethereum, leading to a significant surge in its share price. Backed by a strategic partnership with crypto-focused Dialectic, the gaming company is accelerating its cryptocurrency treasury strategy through a public offering.

GameStop’s shares tumbled over 15% after the retailer announced a $1.75 billion convertible bond offering to fund its aggressive Bitcoin purchase strategy, mirroring moves by companies like MicroStrategy. Analysts express skepticism as the company faces declining revenues and market uncertainty.

Elon Musk announced $150 billion in cost savings for fiscal year 2026 during a Cabinet meeting on Thursday. However, this figure is significantly less than the ambitious $1 trillion he had previously promised to slash, allegedly through Dogecoin.