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NYDIG, a leading bitcoin and power firm, has announced it has entered into a definitive agreement to acquire Crusoe’s Bitcoin mining operations. As part of the transaction, NYDIG will acquire over 270MW of power generation technology that drives the production of near-zero direct cost of electricity, expanding NYDIG’s already significant role in supporting bitcoin’s proof-of-work security. NYDIG will integrate and expand…
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** Video game retailer GameStop’s GME shares rise ~14% to $28.96 premarket ** On Tuesday, GME said its board approved adding bitcoin as treasury reserve asset ** GME also reported Q4 net income of $131.3 mln, compared with $63.1 mln a year ago ** Posted Q4 sales of $1.28 bln, below analysts’ est of $1.48…
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Mysterious transfer activity has recently been spotted between major U.S. exchange Kraken and leading cryptocurrency Bitcoin (BTC). According to Whale Alert, an unknown major investor recently transferred a colossal amount of BTC, 3,000 coins, worth $262,759,132 million to be exact, to Kraken. What was the purpose of the transfer? Is it a big sell signal? Why…
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SEC and XRP agreed to drop their appeals, which pushed Bitcoin into recovery mode – but can these giants provide same potential as these new best altcoins? The SEC has been fighting crypto for years, but it looks like that’s finally changing. After a long legal battle, the SEC and Ripple’s XRP have agreed to…
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Bitcoin ETFs are benefiting from renewed institutional interest, with BlackRock’s Bitcoin ETF leading the charge with $538 million in weekly inflows. BlackRock, the world’s largest asset manager, has expanded its reach into the European crypto market with the launch of the iShares Bitcoin ETP. The product will begin trading on Germany’s Xetra exchange, Euronext Paris,…
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GRAPEVINE, Texas – GameStop’s seesawing stock price surged 7% late Tuesday after the video game retailer disclosed plans to invest some of its cash in cryptocurrency. Without providing any details, GameStop said its board of directors had approved a revision in its investment policy to enable the Grapevine, Texas, company to convert some of its…
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In its latest investor memo, titled “The Great Derisking of Bitcoin,” Bitwise Asset Management has taken a bold stance on the future of the world’s original cryptocurrency. Chief Investment Officer Matt Hougan delivered a detailed analysis in a dispatch dated March 25, 2025, stating, “Now is the best time in history to purchase bitcoin (on a…
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GameStop board unanimously approved adding Bitcoin as a treasury reserve asset The company held nearly $4.8 billion in cash as of February 1, 2025 GameStop’s Q4 net income was $131.3 million, more than double from the previous year The move follows Strategy (formerly MicroStrategy), which owns over 447,000 Bitcoin tokens GameStop stock jumped over 12%…
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The poster child of retail irrelevance, GameStop is betting on Bitcoin to level up its balance sheet—and maybe its entire brand. Game Over for Blockbuster. Will GameStop Be Next? Remember Blockbuster? Of course not—you stream now. Then there was Netflix’s DVD-by-mail era, which ended not with a bang but a quiet shipping label. These were…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BlackRock, the world’s largest asset manager and now a major player in the broader crypto landscape, is making headlines again with the upcoming launch of its first Bitcoin exchange-traded product (ETP) in Europe. Following the successful performance of its $48 billion US…