GameStop plans to raise $1.3 billion to purchase Bitcoin, claiming it will close a significant number of stores in order to heavily invest in this cryptocurrency. Additionally, the giant investment management company,
BlackRock, has introduced its Bitcoin Exchange-Traded Product in Europe and made a remarkable Bitcoin price prediction for the year 2025. Meanwhile, Bitcoin price experiences a sudden uptick due to key shifts in the market. On the governmental side,
Congressman Ro Khanna declares a change in the Democrat's stance on Bitcoin. Simultaneously, Bitcoin seems to be declining today and GameStop faces both support and criticism for its decision to invest in Bitcoin. Speculation around whether GameStop's investment in Bitcoin will help BTC price surge to $200K are abound. In other news, Bitcoin mining stocks dip following Microsoft's decision to cancel data center plans. Despite this, there are reports of Bitcoin's use in rural areas being beneficial. With all this,
GameStop's shares soar 16% after the company reveals its plan to invest in Bitcoin, following a suit similar to MicroStrategy.
NYDIG also plans to acquire Crusoe’s Bitcoin Mining Operation.
Bitcoin News Analytics from Thu, 06 Mar 2025 08:00:00 GMT to Wed, 26 Mar 2025 22:24:57 GMT -
Rating 8
- Innovation 7
- Information 10
- Rumor -1
