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According to ChainCatcher, citing Chainwire, GameSquare Holdings, Inc. (NASDAQ: GAME) announced today that it has completed a $5 million purchase of Ethereum (ETH), acquiring approximately 1,818.84 ETH at an average price of $2,749 per ETH. As reported yesterday, the GameSquare board of directors has approved a phased plan to establish an Ethereum treasury, with a total amount of up to $100 million.

According to a report by Jinse Finance, CNBC financial commentator Jim Cramer shared his views on the significance of Nvidia, one of his long-standing favorite stocks, on Wednesday and advised investors to hold Nvidia, stating, “See you at a $5 trillion market cap.” He pointed out that neither Microsoft nor Apple can currently claim to be creating a new industrial revolution, but Nvidia can. He added that, to be fair, they did create the last industrial revolution—the rise of personal computers—though that was a long time ago. He emphasized the transformative potential of artificial intelligence and stated that any computer with a graphics processing unit (GPU) inferior to Nvidia’s is already outdated. He also noted that Nvidia’s technology will change the way enterprises operate, making humanoid robots and autonomous vehicles possible. Furthermore, he said that Nvidia is also a valuable bargaining chip for the United States in trade negotiations.