Bitcoin’s Big Moves: GameStop, U.S. Reserves & Price Surge
The crypto world is buzzing with major Bitcoin updates! Here’s what you need to know:
🔹 GameStop’s Bitcoin Bet: GameStop plans to raise $1.3B to invest in Bitcoin as a treasury asset, following MicroStrategy’s lead. Despite strong Q4 earnings, its stock dropped 15% as investors questioned the move.
🔹 Bitcoin Price Surge: BTC is trading around $87K, up 3.2% this week. Analysts predict it could hit $100K soon, driven by institutional adoption and market recovery.
🔹 U.S. Bitcoin Reserve: President Trump signed an order to establish a Strategic Bitcoin Reserve, securing BTC as a national asset using confiscated crypto holdings.
With growing institutional and governmental interest, Bitcoin’s role in the financial world keeps expanding! 🚀
