Bitcoin Magazine GameStop Announces $1.3 Billion Fundraising Plan to Purchase Bitcoin GameStop Corp. announced plans to raise $1.3 billion through a private offering of convertible senior notes, with proceeds intended for general corporate purposes, including the acquisition of Bitcoin. This follows the company's recent decision to update its investment policy to add Bitcoin as a treasury reserve asset. This post GameStop Announces $1.3 Billion Fundraising Plan to Purchase Bitcoin first appeared on Bitcoin Magazine and is written by Nik.

GameStop said it plans to offer to $1.3 billion worth of convertible senior notes to buy Bitcoin, following the approach of Strategy.

The offering comes 24 hours after the company announced its intention to begin adding bitcoin to its balance sheet.

Despite strong institutional demand, Bitcoin (BTC) has struggled to reclaim the $100,000 level for the past 50 days, leading investors to question the reasons behind the bearishness despite a seemingly positive environment. This price weakness is particularly intriguing given the US Strategic Bitcoin Reserve executive order issued by President Donald Trump on March 6, which allows BTC acquisitions as long as they follow “budget-neutral” strategies.

Videogame retailer GameStop, which was at the epicenter of the meme stock mania of 2021, has announced that it intends to issue $1.3 billion of convertible notes. The 0.00% notes will mature in 2030.

Bernstein believes Strategy, formerly known as MicroStrategy, could amass more than 1 million Bitcoin (BTC) by 2033 in a bullish market cycle, Benzinga reported on March 26, citing a research note. The projection issued by Bernstein analysts, outlines two vastly different paths for the company depending on macroeconomic conditions and Bitcoin's long-term price trajectory.

Bitcoin long-term holders were bidding again after selling during the 'Trump pump' rally.

Bernstein believes Strategy, formerly known as MicroStrategy, could amass more than 1 million Bitcoin (BTC) by 2033 in a bullish market cycle, Benzinga reported on March 26, citing a research note. The projection issued by Bernstein analysts, outlines two vastly different paths for the company depending on macroeconomic conditions and Bitcoin's long-term price trajectory.

The crypto market recorded slight gains after weeks of sideways readings. Institutional numbers headlined the rebound in Bitcoin (BTC) and many altcoins despite creeping sentiments.

A dormant Bitcoin whale has resurfaced after eight years, transferring huge assets and leading the community to a frenzy. Over the years, ancient whales mostly become active after a major price uptick to maximize gains.

What happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a lifeline for local economic revival?

BlackRock, the world's largest asset manager, has launched a new Bitcoin exchange-traded product (ETP) in Europe following the wild success of its US-listed spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). Since its debut, the iShares Bitcoin Trust has accumulated nearly $51 billion in assets under management.

Cryptocurrency markets are pulling back, mirroring declines in traditional financial markets. The downturn comes as reports indicate President Trump is preparing new auto tariffs, adding uncertainty to global markets.

On today's show, GameStop shares surge after the video game retailer said it will invest in bitcoin. Plus, Ripple's chief legal officer offers details on the agreement reached with the SEC to end their long-running legal battle over allegations the company offered unregistered securities.

A catastrophic Q1 2025 for Bitcoin and Ethereum: Market signal analysis and forecasts for Q2 2025.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Bitcoin has reclaimed the $85,500 level after a strong move to the upside, reigniting hopes for a push toward the psychological $90,000 mark. However, despite the recent bullish momentum, uncertainty continues to weigh heavily on global financial markets.

Memecoins such as DOGE, SHIB, and PEPE are outperforming Bitcoin this week, following US President Donald Trump's latest supportive statements. Trump Support Drives Memecoin Sector Valuation Above $62 Billion Memecoins have made a positive start to the week, as investors reacted to Bitcoin price stagnation and fresh bullish statements from US President Donald Trump.

It seems like Bitcoin (BTC) is preparing for a major price decline. On March 26, 2025, the overall crypto market has experienced significant volatility, leading to major price swings from gains to losses. Bitcoin (BTC) Price Action and Technical Analysis The overall cryptocurrency market has been experiencing significant price fluctuations over the past few days.

After shutting down its NFT wallet in 2023, GameStop's Bitcoin pivot signals renewed crypto confidence amid regulatory shifts.

Shares of GameStop (GME) are rallying after the video game retailer and memestock favorite announced plans to accumulate Bitcoin (BTC) as a reserve asset. GME stock, a viral sensation among retail traders in 2021, is up more than 14% the day after the company's board approved a Bitcoin treasury strategy.

Unrealized losses are rising, but metrics show long-term holders accumulating as Bitcoin consolidates near key support zones.

Veteran Bitcoin (CRYPTO: BTC) advocate Trace Mayer has raised doubts about the U.S. government's ability to amass a large portion of the global Bitcoin supply, warning that attempts to acquire 5 million BTC could dramatically impact the market. What Happened: In a conversation with Pete Rizzo at the Digital Asset Summit in New York, Mayer questioned recent calls by industry leaders such as Strategy Executive Chairman Michael Saylor and U.S. Senator Cynthia Lummis (R-Wyo.

Bitcoin and most altcoins have bounced back slightly this week, with total crypto market capitalization approaching the $3 trillion mark.

Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition Reports disclose that the transaction includes over 425 modular data centers across the U.S.

The gaming retailer will spend some of its $4.8 billion cash holdings to buy bitcoin and stablecoins, sparking discussions around how much it will actually buy.

A crypto market crash is happening, with the Bitcoin price witnessing another correction, dragging altcoins like Ethereum, Solana, and Dogecoin along with it. This price crash is due to several reasons, including Donald Trump's fast-approaching tariffs on April 2nd, which could spark a wave of sell-offs for the crypto market.

Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data.

Bitcoin Magazine GameStop's Bitcoin Move Looks Bold—But It Might Be Brilliant GameStop's Bitcoin move left many scratching their heads. But behind the confusion is a clear, calculated strategy that more CFOs should be watching closely. This post GameStop's Bitcoin Move Looks Bold—But It Might Be Brilliant first appeared on Bitcoin Magazine and is written by Nick Ward.

Bitcoin retested the $86k support as memecoins take over daily gainers.

Video game retailer GameStop on Tuesday announced that it anticipates closing a "significant number" of stores in fiscal 2025 and will invest company cash in bitcoin.

BTC's risks have diminished over time, but the US Strategic Bitcoin Reserve officially removed the last significant threat to its future, according to Bitwise exec.

Michael Saylor is not just predicting the future of Bitcoin - he is methodically building it. The Executive Chairman of MicroStrategy envisions a Bitcoin ecosystem valued at $200 trillion by 2045.

Sentiment is starting to turn bullish once again toward Bitcoin, the largest crypto asset, as investors have gone on a buying spree following its renewed upward move to $88,000. Despite the recent volatility that hindered BTC's bullish performance, short-term holders have shown a notable accumulation trend.

Canaan Inc. reported Q4 2024 revenue of $88.8M, driven by A15 mining rigs and expanded North American operations, narrowing net losses and achieving $19.3M in adjusted EBITDA. The post Bitcoin Miner Canaan Reports $88.8M Q4 Revenue, Cuts Net Loss appeared first on Cryptonews.

At least one analyst questioned why GameStop's plan to buy bitcoin was necessarily a good thing.

Bernstein analysts project Strategy (NASDAQ:MSTR), formerly MicroStrategy, could either double its Bitcoin (CRYPTO: BTC) holdings to over 1 million BTC in a bullish market or see its stack face forced liquidations in a prolonged bear phase. What Happened: According to a research note released on Tuesday, Bernstein updated the firm's outlook for the Bitcoin treasury company after its latest Q4 results and acquisitions, offering a stark contrast between thriving growth and potential stagnation based on market conditions.

Blockchain analysis firm Glassnode says large investors are stacking sats while smaller holders keep selling.

All eyes are on the PCE index, a barometer of inflation in the United States. Due on March 28, this figure could trigger a upheaval in risky asset markets.

Crypto analyst Tony Severino has provided an update on the Bitcoin price action. The flagship crypto is now eyeing a bullish reversal, but the analyst warned of how things could still go wrong for BTC and mark the end of the bull run.

The news was released on March 25, 2025, from the company's headquarters in Grapevine, Texas. It signals a significant shift for the retail giant, which has been navigating choppy waters in recent years.

GameStop stock pumps Wednesday after announcing the gaming company will add bitcoin as a treasury reserve asset. CoinDesk's Christine hosts "Chart of the Day," - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M in Revenue Canaan Inc.

In the last 30 days, Bitcoin (BTC) has failed to retest the $100,000 psychological level as bearish consolidation suppresses price breakout. The coin's highest price before suffering a correction within this period was $94,500.

While evangelists like Strategy Executive Chair Michael Saylor and Senator Cynthia Lummis have touted a 5 million BTC figure as an achievable, even desirable, goal for the country, Mayer cast doubt on the idea in his latest interview on the Supply Shock podcast.

Standard Chartered's hypothetical "Mag 7B" index, which swaps Tesla for Bitcoin, shows higher returns and lower volatility, highlighting Bitcoin's potential as a tech asset and hedge against traditional finance risks.

A desk, a statue, a statement. Satoshigallery, known for its layered stainless-steel tributes to the faceless Bitcoin creator, is scaling down - literally.

The price of Bitcoin (BTC) broke through the 21-day SMA twice before continuing its uptrend.