$BTC

Institutional Adoption and Investments

GameStop has approved Bitcoin as a treasury reserve asset to stay relevant in the evolving market. This move aims to attract younger, tech-savvy investors, though it has yet to bolster investor confidence, as evidenced by a 13% drop in the company's stock since the announcement.

Financial News London

MicroStrategy continues its aggressive Bitcoin acquisition strategy, purchasing an additional 22,048 BTC for $1.92 billion between March 24 and March 30, 2025. This brings their total holdings to 528,185 BTC, valued at approximately $44.92 billion. Despite this, some analysts express concerns about the sustainability of such investments and advise caution to investors.

MarketWatch

Regulatory Developments

President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve funded by forfeited bitcoins held by the U.S. Treasury. This initiative aims to position the U.S. as a leader in the crypto space and involves creating a Digital Asset Stockpile for non-Bitcoin assets.

Industry Insights

Members of the Trump family, including Eric Trump and Donald Trump Jr., have invested in a new Bitcoin mining venture named American Bitcoin. In collaboration with Hut 8, the venture aims to become an efficient Bitcoin miner and establish a substantial strategic Bitcoin reserve.

Bloomberg

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markets.businessinsider.com

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Bloomberg

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Market Outlook

Analysts are divided on Bitcoin's near-term trajectory. Some predict potential declines due to technical indicators and economic uncertainties, while others foresee a rebound, citing historical performance and institutional interest. The upcoming "Liberation Day" tariffs introduced by President Trump add another layer of complexity, with potential implications for Bitcoin's price movement.

Business Insider

FXStreet

FXStreet

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Investor's Business Daily

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The Street

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