TL;DR $1.5B Raised via Convertible Notes: GameStop raised $1.5 billion through a convertible senior note sale, surpassing its initial $1.3 billion target due to strong investor demand, with notes maturing on April 1, 2030.
Just 24 hours ago, the crypto market seemed like a prosperous place after days, if not weeks, of uncertainty. Even the popular Fear & Greed indicator made it back into greed mode and reached a reading of 44.
Bitcoin Magazine Smarter Web Company Plans Public Listing with Bitcoin Treasury Strategy Smarter Web Company prepares to go public with a Bitcoin treasury strategy, marking a shift in how growth-focused firms manage capital and preserve value. This post Smarter Web Company Plans Public Listing with Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Nick Ward.
The crypto market is abuzz after a bit of a lull in March. Things are getting active and volatile again.
The Texas Senator's Facilitate Lower Atmospheric Released Emissions bill aims to make the state “the number one place for Bitcoin mining.”
As the tariff war reignited by Washington captures attention, Bitcoin hovers around $85,000. Some see a cause-and-effect link.
Anthony Scaramucci, an influential cryptocurrency advocate and founder of investment firm SkyBridge Capital, has alternated between supporting President Donald Trump's pro-cryptocurrency pivot and warning of the potential pitfalls of some of his decisions. What happened: Scaramucci, who served as the White House Communications Director for a brief 11-day stint during Trump's previous presidency, has evolved into a vocal critic of the president on matters such as tariffs and economic growth.
Russia is moving closer to selling Bitcoin confiscated during criminal investigations as officials work to create a legal structure for handling such digital assets, local media outlet RBC reported. According to the report, Russia's Federal Bailiff Service, in coordination with other government agencies, is leading efforts to turn seized crypto into government revenue.
GameStop raises $1.5B via convertible debt, allocating funds to Bitcoin as it shifts focus from retail to crypto investments.
GameStop has officially completed a $1.5 billion offering of convertible senior notes, marking a strategic move to expand its corporate treasury with Bitcoin.
On Wednesday, President Trump will announce the tariffs that will be imposed on a range of countries. All the tariffs will take effect immediately.
Bitcoin price faces an uphill task as risk aversion grows in financial markets. However, institutional appetite for BTC provides support.
Trump brothers partner with Hut 8 to launch American Bitcoin Corp., aiming to create a leading U.S. mining operation with plans to go public.
United States Senator Ted Cruz has introduced a new bill that offers tax incentives for cryptocurrency miners using flared natural gas to power mining operations.
Bitcoin's price action remains uncertain with bears and bulls in a constant battle which has led to the range bound price action. Which side will BTC breakout?
Circle's initial public offering (IPO) filing has drawn sharp criticism from industry insiders, who question its Bitcoin strategy and broader financial stability. While the company is best known for issuing the USDC stablecoin, its recent filings have revealed details that have prompted skepticism across the crypto space.
Bitcoin may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world's first cryptocurrency.Bitcoin's (BTC) 2025 price rally may be boosted by the US Federal Reserve pivoting to quantitative easing (QE), when the Fed buys bonds and pumps money into the economy to lower interest rates and encourage spending during difficult financial conditions. “Bitcoin trades solely based on the market expectation for the future supply of fiat,” according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.
While Bitcoin has factored in a lot of recession concerns, analysts at Bitwise are cautioning that risks could still lie ahead. Bitcoin (BTC) as well as other altcoins have likely already priced in a lot of the U.S.
Bitcoin held steady on Wednesday, gaining 1.5% to $84,246.40 by 01:30 ET, as traders remained cautious ahead of a major tariff announcement from U.S. President Donald Trump. Despite a slight recovery from steep first-quarter losses, the worlds largest cryptocurrency continues to face pressure from mounting economic uncertainty.
Bitcoin skeptic Peter Schiff has unexpectedly drawn attention after posting on X (formerly Twitter) about growing his Bitcoin reserve, which currently holds less than $5,000 in BTC. Schiff, a long-time critic of the leading cryptocurrency and staunch gold advocate, surprised the crypto community by sharing a BTC wallet address and encouraging public donationsoffering to match each one received within the day.
As Bitcoin (BTC) attempted yet another rally towards $85,000 on April 1, Justin Bons, the founder and CIO of Cyber Capital, took to X to bash the world's premier cryptocurrency.
Metaplanet, a Japanese investment firm, has strengthened its bitcoin portfolio by purchasing an additional 696 BTC, leveraging a strategic financial approach.
Bitcoin may see bullish momentum if history repeats, echoing patterns from the U.S. spot ETF launch and August's yen carry trade unwind.
GameStop's latest fundraising brought its stock to the green zone as the video game retailer wants Bitcoin exposure.
Bitcoin's short-term traders show reduced activity, with inflows to Binance dropping by 6,300 BTC.
As if there weren't enough reasons to buy Bitcoin (BTC 0.76%) already, a rapidly growing body of evidence suggests there's one huge new trend emerging.
Bitcoin price rebounds above $84K as selling slows. Traders eye $86K resistance and $78K support for the next move.
VanEck's BNB ETF, if approved, would be the first such product listed in the U.S.
GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase Bitcoin for its corporate treasury. The post GameStop Completes $1.5B Convertible Note Sale, Plans to Add Bitcoin to Treasury appeared first on Cryptonews.
GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury. The sale, completed on Apr. 1, 2025, raised $1.
GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.
Bitcoin price hovers around $85,000 as markets await Trump tariffs while $9.41 billion in short positions face potential liquidation if prices reach $90,000.
Bitcoin (BTC) investors who bought BTC in 2020 or later are still waiting for higher prices, new research says.In findings published on X on April 1, onchain analytics firm Glassnode revealed that $110,000 was not high enough to make many hodlers sell. Glassnode: 2020 Bitcoin buyers “still holding” Bitcoiners who entered the market between three and five years ago have retained their holdings despite significant BTC price upside.
Bitcoin has recently displayed signs of upward momentum, trading at $85,215, marking a 2.2% increase in just the past day. Despite this short-term gain, the asset remains down by over 21.2% from its all-time high of $109,000 reached in January.
Bitcoin mining, which initially relied heavily on fossil fuels, has undergone a significant transformation in recent years. A new report released by the MiCA Crypto Alliance in collaboration with Nodiens reveals an important shift in the energy landscape of Bitcoin mining.
BlackRock's expansion into the European cryptocurrency market has gained traction, with the UK's Financial Conduct Authority (FCA) approving its Bitcoin exchange-traded product (ETP), IB1T.
In the last 30 days, the Bitcoin market has dropped by around 9.7%. Currently, the price of BTC sits nearly 30% below its all-time high. However, experts, like Axel Adler Jr, suggest that the BTC market is showing strong signs of recovery.
The emergence of China's low-cost artificial intelligence model, DeepSeek, shook global markets earlier this year, engulfing even Bitcoin (CRYPTO: BTC) in its wake. Acting as the first bearish catalyst of 2025, the model called into question the perception of U.S. tech superiority, pressurizing stocks and, eventually, Bitcoin back below $100,000.
9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities.
The metric is close to 60% on CG.
Goldman Sachs recommends the yen as a hedge against U.S. recession risks, citing its historical strength in risk-off environments.
Crypto markets haven't lived up to expectations under the Trump Administration. Investors hoped that regulatory reforms and the Bitcoin Strategic Reserve would boost prices, but instead, Bitcoin has fallen from over $100,000 at the start of the year to the mid-$80,000s for most of March.
SkyBridge Capital founder Anthony Scaramucci says it is possible for Bitcoin (BTC) to witness muted gains for the rest of this cycle. In a new interview with independent journalist David Lin, Scaramucci says Bitcoin's performance in the coming months will largely depend on President Trump's trade war rhetoric.
When the market shakes, "weak hands" sell while whales accumulate.
The American giant of video game retail GameStop takes a significant step into the world of cryptocurrencies, announcing its intention to invest in Bitcoin (BTC) after successfully completing a major financial operation. A move that marks a turning point in the company's identity and could redefine the future of the enterprise, which has long been the focus of retail investors' attention. GameStop recently closed an issuance of five-year convertible bonds with a total value of 1.3 billion dollars, to which was added the full activation of the “greenshoe” option of 200 million dollars. This option, granted to the initial subscriber, allows the purchase of additional securities after the main placement, thus bringing the total of the operation to 1.5 billion dollars.
Texas Senator Ted Cruz introduced the FLARE Act that is aimed at incentivizing Bitcoin miners to use flared natural gas as an energy source.
The past few months have not been kind to BTC, but some essential elements suggest that the year's second quarter could be much more beneficial.
Bitcoin ETFs (exchange-traded funds) continue to record negative flows this week as President Trump's Liberation Day countdown continues.