Gamequare Digital Media Company (Game) said that Cowboy APE #5577 from the Robert Leshner Cryptible Cowboy APEKNK (NFT) for $ 5.15 million.
The company based in Frisco, Texas, which described the purchase of a strategic investment, also said that it added just over $ 10 million in Ethher (ETH) to its treasure. Leshner, the founder of Compion Labs, an open source protocol for algorithmic monetary markets in Ethereum, received the company’s favorite actions in payment
Cryptopunks are one of the earliest and most influential NFT projects. Created in 2017, they inspired much of the modern cryptographic art movement and established a precedent for digital property in the block chain.
“Gamamare plans to take advantage of Cryptopunks for marketing activations, community construction and possible license opportunities,” the company said in a Thursday ad.
The purchase of the company of 2,742.75 ETH leads its total participation to 12,913.49 ETH, valued at around $ 48.5 million.
Several companies have presented Ether Treasury strategies in recent months as a means to generate passive performance through Eth Staking. The main one is Sharplink Gaming (SBET), now the largest head of corporate ether, with more than 360,000 eth.
Companies in the media, entertainment and games sectors such as Sharplink and Gamamare can see an ether treasury strategy as a means to advance their web3 aspirations through investment in the Ethereum ecosystem and, therefore, obtain exposure to NFT, decentralized finances (defi) and more.
The shares of the game increased to $ 1.44, an intradic gain of almost 8%, after the announcement, before withdrawing. At the time of writing, 4.8% more than $ 1.33 was quoted.
