The US stock market opened with a collective pump of Ethereum treasury companies, GameSquare rose by 42%.

On July 16, according to market data, U.S. stocks opened with encryption concept stocks rising broadly, with the Ethereum treasury company leading the gains. Among them: GameSquare had a big pump of 42%. On July 9, GameSquare's board approved a phased establishment of the Ethereum treasury, with a total amount of up to 100 million dollars; BTCS had a big pump of 23.66%, and has officially been included in the Russell micro cap index, purchasing 2731 ETH last night, bringing its total ETH holdings to 31,855; Bit Digital rose 12.56%, announcing yesterday that it plans to raise 67.3 million dollars through a directed issuance to purchase Ethereum; 'ETH version MicroStrategy' SharpLink Gaming rose over 13%; MicroStrategy rose 1.3%; Circle rose 4.6%; Riot rose 4%.