🗞️ Here’s What Happened in Crypto Today — GameStop, Lawmakers & Trump Media All in the Spotlight
From retail giants to political drama — today’s crypto headlines had it all.
🔍 Key highlights:
🔹 GameStop confirmed its first Bitcoin purchase — 4,710 BTC (~$513M)
🔹 Funded through a $1.3B convertible notes offering
🔹 Comes after months of speculation around crypto expansion
🔹 Rep. Bryan Steil urged lawmakers to stop adding irrelevant clauses to crypto bills
🔹 Warned that “non-germane” additions are delaying regulatory progress
🔹 Push to pass stablecoin and market structure laws before August recess
🔹 Trump Media confirmed a $2.5B capital raise to buy Bitcoin
🔹 The raise includes $1.5B in stock and $1B in convertible secured bonds
🔹 CEO Devin Nunes: “Bitcoin is an apex instrument of financial freedom”
GameStop’s move adds another public company to the Bitcoin treasury club. Meanwhile, lawmakers are still wrangling over crypto frameworks — with some pushing back against partisan blockades.
And Trump Media? It flipped the script overnight — denying reports, only to confirm the massive BTC raise just hours later.