GameStop has added Bitcoin to its treasury reserve, marking a significant move by a major company to diversify its investments and embrace digital assets. This decision comes as Bitcoin surges in 2025, and other companies are also exploring the use of cryptocurrency. Additionally, a US trade policy shift could benefit companies like GameStop, which could lead to increased investment in Bitcoin.
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GameStop plans to offer up to $1 billion in convertible senior notes to buy Bitcoin. The company's existing cash balance can service a loan of up to $1 billion for 4.6 years at 1% interest. This could potentially allow GameStop to acquire a significant amount of Bitcoin.
Bitcoin mining stocks have declined after Microsoft scrapped plans to build data centers in the US. The US auto Tarrif announced by President Trump, may have a positive impact on Tesla, as it could lead to increased demand for electric vehicles.
The European Union is urging its citizens to stockpile 72 hours worth of food and essential supplies amid war risk with Russia. The EU also called on Israel to withdraw its military assets from Syria and Lebanon without delay.
Bernstein predicts that MicroStrategy will hold millions of Bitcoins by 2033. The company's stock has tripled in value in the past three weeks due to its Bitcoin holdings.
Dogecoin's price is expected to rise by 55% if its trend continues. Cryptocurrency exchange KuCoin is offering a referral program that allows users to earn a large amount of KCS tokens.
Bitcoin mining stocks have declined after Microsoft scrapped plans to build data centers in the US. The US auto Tarrif announced by President Trump, may have a positive impact on Tesla, as it could lead to increased demand for electric vehicles.
The European Union is urging its citizens to stockpile 72 hours worth of food and essential supplies amid war risk with Russia. The EU also called on Israel to withdraw its military assets from Syria and Lebanon without delay.
Bernstein predicts that MicroStrategy will hold millions of Bitcoins by 2033. The company's stock has tripled in value in the past three weeks due to its Bitcoin holdings.
Dogecoin's price is expected to rise by 55% if its trend continues. Cryptocurrency exchange KuCoin is offering a referral program that allows users to earn a large amount of KCS tokens.
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