Bitcoin News: Michael Saylor Hints at Major Bitcoin Purchase; GameStop Enters BTC Treasury Movement

In the latest developments in the cryptocurrency world, Bitcoin is in the spotlight again due to major hints from MicroStrategy’s Michael Saylor about potential further accumulation of BTC. Additionally, GameStop has announced its entry into the BTC treasury movement, adding another layer of excitement to the market.

Bitcoin Sees Major Buy Hint from MicroStrategy’s Michael Saylor

Bitcoin could witness another significant purchase as Michael Saylor, the co-founder of MicroStrategy, hints at the company’s continued accumulation of BTC through a cryptic post. On-chain data suggests an internal reallocation of 7,383.25 BTC worth $612.92M to new addresses rather than a sale. Meanwhile, GameStop joins the BTC treasury movement, facing volatility after announcing bond sale plans. Saylor’s teaser image and caption "Needs even more Orange" sparked speculation in the crypto community.

Metaplanet Issues $13.33M in 0% Bonds to Buy More BTC

Japan’s Metaplanet has announced the issuance of its 10th Series of Ordinary Bonds, raising ¥2 billion ($13.33 million) to fund further Bitcoin acquisitions. The bonds have no interest and will be fully redeemed by Sep. 30, 2025. The entire issuance has been allocated to EVO FUND. This move aligns with Metaplanet’s aggressive Bitcoin (BTC) accumulation strategy. On Mar. 24, the firm added 150 BTC to its treasury, bringing its total holdings to 3,350 BTC. Since formally embracing BTC as a CORE asset in 2024, Metaplanet has spent ¥42.22 billion ($270 million) on Bitcoin, making it the biggest corporate holder in Asia.

Australia Puts Crypto ATM Providers ’On Notice’ Over Money Laundering Concerns

Australia’s financial crimes watchdog, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has warned crypto ATM operators that their machines may be aiding in money laundering and fraud. AUSTRAC’s crypto taskforce, formed last December, discovered worrying trends and indicators of suspicious activity tied to crypto ATMs, including links to scams and fraud. Crypto ATMs, or kiosks, allow users to buy or sell cryptos like Bitcoin using cash or cards, often without the same identity checks used in traditional finance. AUSTRAC wants to ensure that crypto ATM providers have robust practices to minimize the risk that their machines can be used for illegal activities.

Raoul Pal Predicts Bitcoin Rally Fueled by Global Liquidity

As Bitcoin fluctuates around $82,500, Optimism grows in the cryptosphere. Raoul Pal, a former Goldman Sachs executive, predicts that Bitcoin is about to emerge from its correction phase and embark on a new price ascent. According to Pal, the key driver of this rally will be global liquidity, specifically the global money supply (M2). While Bitcoin is experiencing its worst quarterly close, Pal’s analysis focuses on this less commonly used indicator rather than traditional technical charts.

MARA Announces $2b Stock Offering to Expand Bitcoin Holdings

MARA Holdings Inc. plans to offer $2 billion worth of its stock to fund additional Bitcoin purchases. The Florida-based Bitcoin miner disclosed in a March 28 Form 8-K filing with the Securities and Exchange Commission that it’s teaming up with several major investment firms to sell shares under a new at-the-market offering. The proceeds will be used for general corporate purposes, but buying more Bitcoin is a top priority. MARA may sell its stock through firms like Barclays, Cantor Fitzgerald, and Guggenheim Securities, with sales happening directly on Nasdaq or via negotiated transactions. The offering will provide MARA with the flexibility to tap into the market as needed.