Ethereum holding company GameSquare purchases CryptoPunk NFT as treasury asset for $5.15 million in preferred shares
GameSquare has acquired a CryptoPunk NFT. The firm says it will now hold the “iconic” piece as a “strategic treasury asset.” GameSquare purchased the token — Punk #5577, one of just 24 “Ape Punks” — for $5.15 million in an equity trade with its previous owner, DeFi OG Robert Leshner. The