ESports company sees your shares up 100% after buying BTC and ETH for your treasury

By Hannah Pérez

The Electronic Games and Sports Company, Allied Gaming, observed a 102% gain in Nasdaq after announcing its first purchase of Bitcoin and Ether. Integrates cryptocurrencies into your treasury and also your business strategy.

***

• The Electronic Games and Sports Company, Allied Gaming, announces cryptocurrency treasury.
• He made his first corporate purchase from Bitcoin and Ethereum, without revealing the amount.
• It joins a handful of other public companies with cryptocurrency investment strategies.
• Beyond using them as a value reserve, he adds them to their long -term business; also tokenization.
• Allied Gaming shares shot more than 100% in Nasdaq.

---

Allied Gaming & Entertainmenta company quoted in Nasdaq dedicated to eSports and GamingHe is observing a meteoric gain in his actions after announcing his first effort to form a cryptocurrency treasury.

In a statement on Friday, the Game Company announced a First investment in Bitcoin (BTC) and Ethereum (ETH) as part of a new Cryptocurrency Corporate Treasury Management Strategy.

While the exact amount of the investment was not revealed, the market received the news with great enthusiasm, since the company’s shares, which are negotiated under the “Agae” symbol, fired more than 100% price during commercial hours on Friday.

Business Value and Strategy Reserve

Allied Gaming He described the movement as the first step towards incorporating cryptocurrencies in his balance, adding that he also feels the foundations for “Blockchain and active world -world tokenization initiatives (RWA)“

The statement reflects the company’s vision to integrate the two main cryptocurrencies for market capitalization, not only as a value reserve, but as a strategic complement to its long -term business.

As part of its new strategy, the company plans to expand the payment options of Blockchain In its entertainment properties, develop RWA tokenization models such as live events and cinematographic intellectual property, and lay the basis for the integration of Stablecoins and useful tokens to boost participation and liquidity.

“We see cryptocurrency not only as a value reserve, but as a strategic block for the future of our business. Integrating blockchain and digital assets in our ecosystem is a natural progression of our vision of connecting people through gaming, entertainment and innovative financial technologies“The CEO, Yangyang James Li, said CEO.

AGAE shares arose massively after the news, reaching a maximum of USD $ 2.18 followed by a modest correction.

Based in New York, Allied Gaming It focuses on entertainment eSports and operates the Hyperx Esports Arena In Las Vegas, which has housed events such as the All-stars of League of Legends and a tournament of PARALLELa game based on Ethereum. He went to the USD $ 9.54 in 2017, with a historical maximum of USD $ 12.11 in 2018; But since then I had been in Decline.

Allied Gaming joins crypto treasurer fever

The decision to buy cryptocurrencies places Allied Gaming within a growing list of companies that choose to establish corporate financial strategies focused on assets such as Bitcoin.

During 2025, hundreds of public companies around the world have adopted corporate investment strategies in cryptocurrency, seeking to emulate the approach of Strategy from Michael Saylor, which now has almost 640,000 BTC for more than USD $ 73 billion.

There are currently more than 185 public companies – and 65 private – worldwide with some type of treasury Bitcoin, jointly handling more than 1 million BTC in their balances. Others have opted for Altcoins as Ethereum, Solana, XRP And even Dogecoinwhich has helped boost the prices of both these assets and the actions of the companies that maintain them.

At the time of editing, AGAE shares are negotiated at USD $ 1.76, 92.6% higher in the last 24 hours. The climb is aligned with a large bullish action in the cryptocurrency market that sees Bitcoin Win almost 2% in the day to change hands around USD $ 116,000 and ETH overcome it with an increase of more than 4% at a price of USD $ 4,617.

---

Article written with the help of AI, edited by Diariobitcoin

Edited image of Unspash

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.