Just a day after revealing plans to add Bitcoin (BTC) to its balance sheet, GameStop (GME) is taking things a step further. The company, led by CEO Ryan Cohen, is raising $1.3 billion by issuing convertible senior notes, aiming to use the funds for Bitcoin purchases. The five-year bonds, set
GameStop, the video game retailer and original meme-stock company, has officially announced that its board has unanimously approved adding Bitcoin as a treasury reserve asset, as per its press release on March 25th. This means GameStop will start using some of its corporate cash—possibly even future debt or equity—to invest
On March 24, 2025, Kentucky Governor Andy Beshear signed House Bill 701, commonly known as the “Bitcoin Rights” bill, into law. This legislation ensures the protection of digital asset users and cryptocurrency miners within the state, prohibiting discriminatory regulations against them. The law specifically secures key rights such as self-custody
The Oklahoma House of Representatives has voted 77-15 in favor of House Bill 1203, also referred to as the Strategic Bitcoin Reserve Act. The bill allows the state to invest a maximum of 10% of public assets in Bitcoin or other digital currencies that have held a market capitalization of
The Bank of Korea (BOK) has officially rejected the idea of considering Bitcoin (BTC) in its foreign exchange reserves, mainly because of its volatile nature and liquidity concerns. In a response to an inquiry from lawmaker Cha Gyu-geum, the central bank stated, the central bank has confirmed that it had
While the crypto market has receded to the bearish end over the weekend, community members seem to have come to terms with it. Bitcoin has slid to the $82K level and external factors appear to not suffice as propellants. However, the sector itself has not gone dormant, as activity is
The price trajectory of Bitcoin is in danger as it hovers around the critical $82,000 support level. Analysts warn that a weekly close below this level can trigger over $1.13 billion worth of leveraged long liquidations on exchanges. Which is leading to heightened volatility for the crypto market. Trump’s Bitcoin
The world of cryptocurrency has just taken a drastic turn with former U.S. President Donald Trump’s executive order to create a Strategic Bitcoin Reserve (SBR). The development has triggered a combination of optimism and skepticism in the crypto community. Although Bitcoin initially experienced a 6% price decline, most experts feel
The face of the crypto industry changed significantly with the support of the US president. Donald Trump promised to make the US a crypto capital of the globe and is already taking steps towards it. With the anticipated Bitcoin reserve creation, the crypto industry is set to achieve new heights
The crypto market witnessed a strong comeback in the late evening Asian hours followed by Trump’s new announcement. While Bitcoin price rose by around 10% within a few hours, Ethereum, XRP, Solana, and Cardano have also recorded two-digit surges. All credit goes to Trump’s new announcement on Truth Social regarding
