Michigan has officially joined the cryptocurrency legislative race with the introduction of House Bill 4087, marking the state’s bid to establish a strategic crypto reserve. The bill, introduced by Representatives Bryan Posthumus and Ron Robinson on February 13, positions Michigan as the 20th state in the U.S. to propose crypto
GameStop’s stock has made a significant 18% growth following the news that the company might add Bitcoin to its balance sheet. The company has not yet confirmed the move officially, but the sources are now exploring the possibility of this strategic decision. On February 13, 2025, GameStop’s stock climbed from
Metaplanet has announced its latest financial move with a JPY 4 billion ($26.35 million) bond issuance set for February. The company plans to use the funds exclusively for Bitcoin purchases, aligning with its cryptocurrency-focused investment model. Meanwhile, Aureal One (DLUME) is gaining traction in the metaverse gaming blockchain sector, with
The total value locked (TVL) of Sumer Money, a DeFi liquidity infrastructure protocol, has surpassed $100 million milestone. In addition to demonstrating Sumer’s growth as a capital-efficient lending and synthetic asset protocol, this milestone also serves to reinforce its objective to increase the usefulness of Bitcoin within the context of decentralized finance
Texas lawmakers make a ground-breaking move trying to establish itself as the first state to introduce a Strategic Bitcoin Reserve. The lawmakers of Lone Star state (Texas) have refiled a strategic Bitcoin reserve bill. The refiling of the bill is under a distinct name aiming to create investment opportunities in
In a recent stir, Goldman Sachs, a prominent investment bank is making buzz in the crypto arena with its latest ETF investment. The company grew its Bitcoin and Ethereum ETF share by a big margin. According to the company’s February report, Goldman Sachs has elevated its spot Ether exchange-traded fund
Galaxy Digital CEO Mike Novogratz recently predicted that Bitcoin could appear on the US government’s balance sheet. While speaking at the Ondo Summit, Novogratz claimed this shift could happen within the next six months, citing discussions with top finance figures. “I think Bitcoin will be on the government’s balance sheet
The cryptocurrency market is experiencing heightened volatility, with Bitcoin (BTC) and Ethereum (ETH) facing difficulties in maintaining their upward momentum. Despite their dominance in the digital asset space, both cryptocurrencies have struggled to break through key resistance levels, leaving investors searching for alternative opportunities. The market uncertainty has prompted many
Tokyo-listed mobile game studio Gumi Inc. has announced that between the months of February and May 2025, it intends to purchase Bitcoin (BTC) worth around 1 billion Japanese yen, about $6.58 million. Gumi Inc. points out that Bitcoin investment is one of the measures to consolidate the node operation business
North Carolina is the 20th U.S. state to propose Bitcoin reserve legislation. The lawmakers have introduced House Bill 92 (HB 92) to allow the state treasurer to invest up to 10% of public funds in BTC and other high-value digital assets. The bill, sponsored by House Speaker Rep. Destin Hall,
