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 [...]
Crypto traders are used to seeing a price surge in non-serious cryptocurrencies such as dogecoin (DOGE) as a sign of market froth. Now it looks as though XRP, the payments-focused cryptocurrency, can also be used as an indicator for bull-market peaks in bitcoin (BTC). Unlike meme tokens like DOGE and [...]
Just 24 hours after adding its name to the roster of companies pursuing a bitcoin (BTC) treasury strategy, GameStop (GME) — led by its CEO Ryan Cohen — is also adding its name to those firms issuing convertible debt to raise funds for BTC acquisition. The $1.3 billion of convertible [...]
Shares of GameStop (GME) traded 16% higher on Wednesday after the company announced that it would start buying bitcoin (BTC) to add to its balance sheet. The gaming retailer reported holding $4.8 billion in cash during its fourth-quarter earnings on Tuesday. Company CEO Ryan Cohen weeks ago had teased an [...]
Earlier this year, Calamos made its crypto debut with the launch of not one but three funds designed to protect investors from the volatility in bitcoin’s (BTC) price. But the global investment management firm, which handles $41.3 billion in assets, is far from launching any other products beyond bitcoin, — [...]
KULR (KULR) a leader in advanced energy management has acquired an additional $5 million worth of bitcoin (BTC). The latest purchase was made at an average price of $88,824 per bitcoin, increasing the company’s total holdings to 668.3 BTC, per the announcement from CEO Michael Mo. This move is in [...]
BlackRock (BLK), the global asset manager behind the largest U.S. spot bitcoin (BTC) exchange-traded fund (ETF), is set to list a bitcoin exchange-traded product (ETP) in Europe, its first crypto ETP outside North America. The iShares Bitcoin ETP will trade on Xetra and Euronext in Paris under the ticker IB1T [...]
U.S. exchange-traded funds tied to ether (ETH) have seen $401 million in net outflows so far in March, wiping out gains from the first two months of the year. The redemptions represent nearly 6% of the total $6.77 billion in assets held by spot ether ETFs, according to data from [...]
HK Asia Holdings (1723) said it bought another 10 bitcoin (BTC) for $858,581. The Thursday purchase took the Hong Kong-listed company's total to around 18.88 BTC at a cost of roughly $1.72 million. The acquisitions were made via open market transactions and funded through internal cash reserves. In a statement, [...]
Over the past 30 days a net $180 million has flowed out of U.S. spot bitcoin (BTC) ETFs, among the highest rates of withdrawals since they started trading at the beginning of 2024. The ETFs have disappointed in 2025, with sluggish inflows largely driven by bitcoin’s weak price performance, which [...]