Bitcoin News: GameStop’s Strategic Shift into Bitcoin Boosts GME Stock by 11%

In a major move that has sent shockwaves through the financial world, GameStop has announced a strategic shift into Bitcoin, issuing $1.3 billion in senior convertible notes to fund its BTC acquisition. This decision, which was unanimously approved by the company’s board, has not only aligned GameStop with a growing trend of public companies integrating Bitcoin into their corporate treasuries but has also led to a significant surge in its stock price.

GameStop Crypto Push Sends GME Stock Soaring 11% Amid $1.3B Bitcoin Bet

GameStop has announced a strategic shift into Bitcoin [BTC] by issuing $1.3 billion in senior convertible notes to partially fund its BTC acquisition. The move, unanimously approved by its board, aligns with a growing trend of public companies integrating Bitcoin into their corporate treasuries. Just a day after adopting Bitcoin as part of its financial strategy, the company also confirmed its intent to raise additional capital through convertible debt, which includes a five-year maturity and a 0% coupon, potentially increasing to $1.5 billion if underwriters exercise their additional allocation. This announcement has led to a surge in GME stock by 11% as retail speculation rises amid the Bitcoin treasury strategy.

Is Bitcoin Repeating History? A Look at On-Chain Data Trends

Bitcoin’s (BTC) recent price movements have sparked speculation about the possible end of the bull market and the beginning of a bear season. Investors are uncertain if the leading digital asset is entering a period of continued downturn and sideways movement, but analysts remain hopeful. The on-chain analyst and Bitcoin insights provider IT Tech suggests that data from previous market cycles could predict the future of this bull market and reveal if BTC has peaked for the season. The firm focused on bitcoin’s transaction volume across previous bull and bear cycles, noting that during the 2016-2017 bull cycle, large transactions (greater than $1 million) increased as the price climbed.

Strategy’s Bitcoin Holdings Could Double: Bernstein Sets $600 Price Target for Stock

Bernstein analysts have rated Strategy as “outperform” and are projecting substantial growth in its Bitcoin holdings and overall valuation in the coming months. According to the analysis, Strategy’s Bitcoin holdings could potentially double, and the company’s stock has a $600 price target. This particularly bullish outlook comes after Strategy’s Q4 earnings report and signals significant growth potential for cryptocurrency investment amid current market conditions.

Bitcoin (BTC) Forecasted To Hit $150,000 Before 2026

The world’s largest cryptocurrency, Bitcoin (BTC), has been struggling to get back above the $90,000 mark. March was clearly an unfavorable month for the entire cryptocurrency industry. BTC surged to a high of $109,114.88 at the beginning of 2025. Despite its latest drop, several in the market remain optimistic about BTC’s rise towards a new peak. Nigel Green, the CEO of the financial services firm deVere Group, predicts that BTC will hit a high of $150,000 by the end of 2025.

Bitcoin Holds $84K, Liquidation Risk Looms

Bitcoin’s price ROSE above $88,000 before stalling. The $84,000 zone has become critical for institutional positioning and derivative buildup. Falling Bitcoin Net Delta suggests buyer momentum weakened despite aggressive long exposure. Realized Price continues rising, but MVRV Z-Score indicates the market is cooling. Data from Alphractal show rising Open Interest and increasing inflows into exchanges, pointing to elevated liquidation risk if the $84,000 level is breached.