Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. In a March 25 X post, Peterson highlighted BTC’s current position near the lower bound of its historical range. The analyst emphasized that Bitcoin’s…

BlackRock, the world’s largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germany’s Xetra exchange, offering institutional and retail investors regulated exposure to Bitcoin’s price performance. The product is physically backed by…

Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. In a March 25 X post, Peterson highlighted BTC’s current position near the lower bound of its historical range. The analyst emphasized that Bitcoin’s…

GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets.  According to a March 25 CNBC report, the company announced that it would use a portion of its corporate cash or future debt issuances to invest in…

GameStop Corp. (NYSE: GME) announced that its board of directors has unanimously approved an update to the company’s investment policy, allowing Bitcoin to be held as a treasury reserve asset. The decision follows a series of engagements between GameStop Chairman and CEO Ryan Cohen and prominent figures like Michael Saylor in the Bitcoin industry. On…

Key Takeaways GameStop has added Bitcoin to its treasury, leading to a 6% surge in its stock price. The company posted $131.3 million in Q4 net income, more than doubling last year’s results. Share this article GameStop has become the latest public company to add Bitcoin to its balance sheet, confirming long-rumored plans during its…

GameStop (GME) stock rose more than 6% in after-hours trading on Tuesday as the company approved a plans to buy bitcoin (BTC-USD) with its cash holdings. The video game operator turned popular meme stock said in a release on Tuesday its board “has unanimously approved an update to its investment policy to add Bitcoin as…

** Shares of video game retailer GameStop GME rise 6.5% to $27.5 after the bell ** GME says its board has approved adding bitcoin as treasury reserve asset ** Reports net income of $131.3 million for Q4, up from $63.1 million a year ago ** GME posts Q4 net sales of $1.28 billion vs estimate…

Strategy MSTR Chairman Michael Saylor on Tuesday shared an unconventional plan for his Bitcoin BTC/USD fortune to enrich the crypto community. What Happened: In an interview with CoinDesk, Saylor expressed that he intends to burn his stack of Bitcoin before he dies, ensuring no one inherits his wealth. Saylor cited the following reasons for his…

Mt. Gox has transferred over 11,000 Bitcoin to two separate wallets, but Glassnode analysts told Decrypt it’s unlikely this shuffle is preparation to begin repaying more of the bankrupt exchange’s creditors. According to analytics firm Arkham Intelligence, Mt. Gox deposited 893 BTC into one of its hot wallets and 10,608 BTC into a new change wallet in…