Bitcoin Gains Ground as FHFA Greenlights Mortgage Asset Recognition: FHFA’s Bitcoin mortgage policy marks a historic shift, recognizing crypto assets stored on U.S.-regulated exchanges as valid reserves.

GameStop’s $450M capital raise and updated policy signal growing corporate confidence in Bitcoin as a strategic treasury asset.

India explores a national Bitcoin reserve amid high taxes and unclear regulation, reflecting a global push toward crypto legitimacy.

As per Bitcoin Magazine on X, the U.S. Federal Housing Finance Agency (FHFA) instructed Fannie Mae and Freddie Mac to recognize Bitcoin and other cryptocurrencies as valid mortgage assets. This is a shift in U.S. housing policy which could reshape mortgage underwriting standards across the nation.

Previously, digital assets were not accepted unless converted into fiat currency. However, the FHFA now considers properly documented crypto holdings as proof of borrower financial strength. The directive comes in alignment with President Trump’s vision of making the U.S. a global crypto hub.

GameStop Reinforces Its Strategic Bitcoin Pivot:

Meanwhile, GameStop has expanded its exposure to Bitcoin after raising $450 million through a Greenshoe option. The move increases its total convertible senior notes due in 2032 to $2.7 billion. According to its recent SEC filing, the gaming giant plans to use part of the proceeds to acquire more Bitcoin. Notably, GameStop had already declared Bitcoin a treasury reserve asset earlier this year.

India Eyes Strategic Bitcoin Reserve Amid Regulatory Uncertainty:On the global front, India’s ruling party has started pushing for a national Bitcoin reserve strategy. BJP spokesperson Pradeep Bhandari highlighted Bhutan’s mining initiatives and the U.S. reserve as blueprints. He emphasized that India’s strong renewable infrastructure could support such a sovereign project. $BTC