$BTC
1. GameStop Likely Buying More Bitcoin
GameStop has announced a USD 1.75 billion debt offering—signaling another possible bitcoin purchase after adding ~4,710 BTC between May 3 and June 10. Their Q1 earnings looked weak, causing shares to fall 11% in after-hours trading .
2. Vanadi Coffee Planning Massive BTC Move
Spanish café chain Vanadi Coffee, which posted a €3.3 million loss in 2024, aims to invest up to €1 billion in bitcoin. So far, they’ve bought 5 BTC, with full investment pending shareholder approval on June 29 .
3. Shocking Violence Over Crypto Password
In New York, two men pleaded not guilty to kidnapping and torturing a friend—including horrifying methods like setting him on fire with tequila—to extort cryptocurrency access . A grim reminder that crypto can make some targets for extreme crime.
4. May Crypto Market Surges ~10%
Despite global macro uncertainty, the crypto market rose ~10.3% in May. Bitcoin neared a record USD 112 k, with renewed institutional interest in ETFs and NFTs .
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📊 Market Snapshot & Analysis
Current Price Context: Bitcoin dipped ~ 1.8% from its intraday high (~$110 k), now trading around $107.6 k (see widget).
