The debt offering comes at a big premium to the company’s value. It could also leave out a large portion of GameStop’s investors who wouldn’t qualify for the offering under certain investor requirements, according to a note from Wedbush led by analyst Michael Pachter. “We find it hard to understand why any investor would be…

According to data provided by Arkham Intelligence, the U.S. government has moved $8 million worth of Bitcoin.  The vast majority of the aforementioned sum has been sent to a change wallet.  The price of the leading cryptocurrency is currently sitting at $87,326, according to CoinGecko data.  The U.S. government has also moved $1.77 million worth of Ethereum…

Shares of GameStop (GME), the embattled video game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset. GME fell to just above $21 during the session, trading at its lowest price since October…

GameStop’s stock price plunged more than 25% on March 27, wiping out nearly $3 billion in market value, according to Google Finance. This drop came after the company announced plans to use proceeds from a $1.3 billion convertible debt sale to buy Bitcoin and other cryptocurrencies. On March 26, GameStop announced its intentions to hoard…

Key Takeaways President Trump established a Strategic Bitcoin Reserve to maintain Bitcoin as a long-term asset for the US. US authorities relocated $8 million worth of Bitcoin seized from a fraud scheme to comply with the new executive order. Share this article A crypto wallet linked to US authorities transferred over $8 million worth of…

Live Price at Analysis: $87,175 tradeCompass delivers a clear, structured map for trading Bitcoin futures today. This directional framework outlines key breakout levels, partial profit targets, and risk management zones for both bullish and bearish scenarios—designed for traders who need clarity and control in fast-moving markets. Bullish Trade Plan – Bitcoin Futures Bullish Profit Targets…

Bitcoin Analysis Today: TradeCompass Levels and Strategy Map (March 27, 2025) Live Price at Analysis: $87,175 tradeCompass delivers a clear, structured map for trading Bitcoin futures today. This directional framework outlines key breakout levels, partial profit targets, and risk management zones for both bullish and bearish scenarios—designed for traders who need clarity and control in fast-moving…

The shares of GameStop (GME) have already collapsed by more than 25% this Thursday.  This comes after the controversial videogame retailer announced a $1.3 billion convertible note offering in order to buy Bitcoin.  The company has copied Strategy’s debt-for-bitcoin playbook (colloquially known as the “infinite money glitch”).  However, many have criticized the move, with billionaire…

GameStop’s stock experienced a stock decline of over 25% intraday on Thursday. This slump followed the announcement of a strategic pivot involving the issuance of $1.3 billion in convertible bonds to finance the acquisition of Bitcoin (BTC). The video game retailer plans to offer these 0% convertible senior notes, maturing in 2030, in a private…

BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since the ETF was launched in January 2024. According to a filing submitted to the US Securities and Exchange Commission (SEC) on March 2, the fund held 821,664 shares of IBIT as of Jan.…