Bitcoin Magazine GameStop Approves Adding Bitcoin to Treasury Reserves GameStop has updated its investment policy to include Bitcoin as a treasury reserve asset, but has yet to disclose the amount of Bitcoin it plans to acquire. This post GameStop Approves Adding Bitcoin to Treasury Reserves first appeared on Bitcoin Magazine and is written by Nik.

GME ended the day having lost 0.82%, but has gained 6.3% in after-hours trading after the Bitcoin news was announced.

Last month, GameStop's CEO posted a photo with Strategy's Michael Saylor, prompting speculation the company could get involved with cryptocurrency.

Coin Metrics' latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware upgrades and renewable energy adoption, amid geopolitical supply chain risks.

Many Bitcoin (BTC) traders became bullish this week as prices rallied deep into the $88,000 level, but failure to overcome this level in the short term could be a take-profit signal. Alphractal, a crypto analytics platform, noted that Bitcoin whales have entered short positions at the $88,000 level.

Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.

GameStop said on Tuesday that its board has uanimously approved the addition of bitcoin as a treasury reserve asset.

Video game retailer announced Tuesday its board has unanimously approved a plan to add Bitcoin as a treasury reserve asset.

Company CEO Ryan Cohen had teased possible purchases weeks ago, notably sharing a photo of himself and Strategy's Michael Saylor at a Mar-a-Lago event

GameStop has amended its investment policy in order to add Bitcoin as a treasury reserve asset.

President Donald Trump's tariffs have made investors jittery. Some analysts think peak uncertainty has passed.

According to Jurrien Timmer, director of global macro at mutual fund behemoth Fidelity Investments, Bitcoin has seen little growth over the past year when it comes to its wallet count.

Bitcoin ETFs continued their positive momentum with a seventh consecutive day of inflows, adding $84 million on March 24. Meanwhile, Ether ETFs ended a 12-day streak of outflows, recording neutral activity for the day.

Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter, and are approaching similar levels of around $3.6 billion in Q1 2025, according to data from Coin Metrics. The revenue uptick suggests miners' incomes are stabilizing after the Bitcoin network's “halving” in April 2024 reduced mining rewards from 6.25 BTC to 3.125 BTC per block.

The spectacular rise of Solana (SOL) by 8% this Monday, along with Bitcoin (BTC) nearing $90,000, illustrates the current volatility of the crypto market. However, this impressive momentum is closely linked to global economic developments, particularly the trade tensions caused by the United States, which weigh on the future of cryptocurrencies and investor confidence.

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

If BTC corrects while ETH holds key support, can ETH/BTC reverse its trend?

Bitcoin Magazine NYDIG to Acquire Crusoe's Bitcoin Mining Operations Crusoe shifts focus to AI infrastructure as NYDIG expands its bitcoin mining business. This post NYDIG to Acquire Crusoe's Bitcoin Mining Operations first appeared on Bitcoin Magazine and is written by Nik.

KULR Technology Group, Inc. announced Tuesday that it purchased an additional $5 million in bitcoin for its corporate treasury, increasing total holdings to $65 million. KULR Purchases $5M in Bitcoin at $88,824 Average Price, Total Spend Hits $65M The Houston-based energy management firm, KULR Technology Group, Inc.

The investment firm and provider of exchange-traded funds (ETFs) launched three protected bitcoin ETFs earlier this year, but it won't do the same for Ethereum.

A recent Standard Chartered report reveals that swapping Tesla for Bitcoin in the “Magnificent 7” index enhances returns and reduces volatility.

According to BitMEX co-founder Arthur Hayes, a confluence of various macroeconomic factors is flashing bullish for Bitcoin (BTC). Hayes predicts the alpha crypto might rise to a new lifetime high of $110,000 before retracing to $76,500.

Matthew Pines, Executive Director at the Bitcoin Policy Institute, has addressed concerns about the fracturing global financial system and the reliability of U.S. Federal Reserve dollar swap lines. He notes that European banks are heavily reliant on dollar funding, with 17% of their financing in dollars, and highlights a shift in the U.S.

Bitcoin held steady near $88,000 even as roughly $1 billion worth of BTC was quietly moved from the defunct Japanese exchange Mt Gox. Bitcoin Price Unfazed by Massive Mt.

This year has been remarkably rough for Bitcoin and the broader crypto market, driven by unfavorable macroeconomic and political conditions. Even though BTC hit a new all-time high of $109,000 earlier this year, the flagship asset has been under robust bearish pressure, causing a drop to about $76,000.

Strategy founder Michael Saylor suggested in a recently aired Coindesk interview that burning his bitcoin private keys—akin to Satoshi Nakamoto's anonymous legacy—could serve as a form of “decentralized charity” to permanently empower the Bitcoin network.

Bitcoin (BTC) price opened the week with strength, rallying to a daily high at $88,804, which was met by praise from analysts who have identified the $90,000 to $92,000 zone as the key price level to hit in the short term. The market found strength on March 24 after US President Donald Trump suggested that his April 2 “tariff number” announcement could be softer than expected after cars and microchips were removed from the list.

BlackRock's expansion into Europe comes with a temporary fee waiver to position the Bitcoin ETP as one of the cheapest options.

Assessing analysts' projections for BTC as Q1 comes to an end.

Gold proponent Peter Schiff has taken another jab at Bitcoin (CRYPTO: BTC), questioning where its current demand is coming from. What Happened: In an X post on Tuesday, Schiff identified two major factors driving Bitcoin's demand: Strategy's Relentless Bitcoin Purchases: Michael Saylor continues to leverage Strategy's (NASDAQ:MSTR) balance sheet by issuing debt and equity to accumulate more BTC, reinforcing institutional demand.

U.S.-based application-specific integrated circuit (ASIC) manufacturer Auradine has launched the Teraflux AH3880, a hydro-cooled bitcoin miner engineered in the U.S. to improve energy efficiency, reduce operational costs, and mitigate supply chain risks. Teraflux AH3880 Hydro-Cooled Miner Targets Energy Efficiency, Supply Chain Challenges According to the announcement shared with Bitcoin.

Bitwise has announced that its Bitcoin Standard Corporations Index has two new entrants — Fold Holdings and Bitdeer Technologies.

Strategy, formerly known as MicroStrategy, is the largest corporate holder of bitcoin and currently trades at a multiple to its net asset value (mNAV) of its bitcoin.

The crypto market lost momentum on Tuesday, with Bitcoin price pulling back from this week's high of $89,000. Other altcoins like Ethereum (ETH) and Ripple (XRP) remained in a tight range.

Kentucky Governor Andy Beshear signed the “Bitcoin Rights” bill (HB701) into law on March 24, 2025. The law protects self-custody, blockchain nodes, and crypto transactions from regulatory discrimination.

U.S. spot Bitcoin ETFs saw $84.17M net inflows on Monday, marking a seven-day streak. Total inflows reached $860.6M, with cumulative net inflows now at $36.13B.

For the first time in eight months, the Hash Ribbon, a key indicator of the health of Bitcoin miners, has issued a buy signal. A rare event, often a precursor to major reversals.

Whales moves are causing a stir, but are they anticipating a downturn?

Bitcoin has entered a period of relative calm, with its price oscillating between $81,000 and $89,000 over the past several sessions. This newfound stability has reassured many traders, as the odds of a sharp decline below $80,000 have diminished significantly.

Crusoe Energy is selling its bitcoin mining business to NYDIG in order to put all its efforts into artificial intelligence infrastructure.

KULR Technology Group has strengthened its Bitcoin holdings with the acquisition of an additional 58.3 BTC for approximately $5 million. According to an 8-K filing with the Securities and Exchange Commission, the purchase was made at an average price of $88,824 per Bitcoin, inclusive of fees and expenses.

GameStop had amassed $4.6 billion in cash and cash reserves as of Nov. 2, according to an SEC filing.

Since the beginning of the week, the price of Bitcoin added over 2.3%, but what is more important is that it made it back above $88,000 per BTC. The move came suddenly and unexpectedly for most crypto market participants.

BlackRock, the largest investment firm in the world with over $11 trillion in assets under management, made two significant moves on March 25 to increase its presence in the crypto industry.

Macro strategist Luke Gromen has outlined a dire outlook for the U.S. economy, highlighting the impact a recession would have on Bitcoin (CRYPTO: BTC). What Happened: In a podcast episode of ‘What Bitcoin Did' published on Monday, Gromen stated that the inflection point would come when capital outflows, rising inflation, and unsustainable debt levels trigger an emerging market-style "sudden stop" crisis in the U.S. This would dramatically benefit Bitcoin as a neutral reserve asset.

The market keeps staying in the green zone, according to CoinMarketCap.

KULR Technology, a company specializing in advanced energy management platforms, has purchased an additional $5 million worth of Bitcoin, according to its recent filing.

KULR Technology Group has acquired another 58.3 BTC for approximately $5 million at an average price of $88,824 per bitcoin.