GameStop’s Bold $512 Million Bitcoin Bet Fuels 20% Stock Surge

In a strategic pivot towards digital assets, GameStop Corp. has allocated $512 million to Bitcoin, acquiring 4,710 BTC as part of its treasury reserve diversification. This move, approved by the board in March 2025, has ignited a 20% weekly stock rally (GME) and drawn comparisons to MicroStrategy’s aggressive BTC accumulation. The announcement coincides with Bitcoin trading at 108,021.47 USDT, underscoring growing corporate confidence in cryptocurrency as a reserve asset.

GameStop Allocates $512M to Bitcoin as Treasury Reserve, Sparks 20% Stock Rally

GameStop Corp has entered the Bitcoin arena with a $512 million purchase, acquiring 4,710 BTC as part of a revised treasury strategy. The move follows a board-approved policy shift in March to diversify reserves into cryptocurrency. GME shares surged 4% in premarket trading and 20% over the week, mirroring momentum seen in MicroStrategy’s recent $427 million BTC accumulation.

The video game retailer joins a growing cohort of public companies adopting bitcoin as a reserve asset, including MicroStrategy, Block, and Tesla. Market observers note the trend gained institutional credibility after former President Trump’s executive action creating a strategic Bitcoin reserve. No details were disclosed about timing or purchase price of GameStop’s acquisition.

Pakistan to Launch Strategic Bitcoin Reserve: Will BTC Price Regain Bullish Momentum?

Pakistan’s government announced plans to establish a strategic Bitcoin reserve during the Bitcoin 2025 Conference in Las Vegas. Bilal Bin Saqib, special assistant to the Pakistani prime minister on blockchain and cryptocurrency, revealed the initiative, emphasizing that the country will hold its BTC indefinitely, drawing inspiration from similar U.S. efforts to manage economic challenges.

Bitcoin’s price faced resistance above $110k, leading to a 2% drop to $107k amid ongoing market corrections. Despite institutional accumulation, bearish pressure persists, raising questions about near-term price action.

Bitcoin (BTC) Eyes $112,000 Breakout: Bull Run or Bull Trap?

Bitcoin has surged past $107,000 and is now testing the $112,000 resistance level, a critical threshold that could determine its next major market move. The cryptocurrency remains trapped in a tight trading range, with analysts warning of potential false breakouts due to low liquidity and weak retail participation.

Market observers note BTC has been consolidating for over two months, creating uncertainty among traders. Daan crypto Trade highlights similarities to previous consolidation patterns, suggesting the current range-bound action may precede a significant price movement. The $106,000-$107,000 support zone and $112,000 resistance level are seen as key technical markers.

Despite the upward bias, the lack of decisive momentum keeps many investors on the sidelines. Trading the range presents poor risk-reward ratios, with experts advising caution until a clear breakout emerges.

Leather Expands Bitcoin DeFi Access with Mobile App

Leather, the leading Bitcoin and Stacks wallet, has launched its mobile application, now available on both iOS and Android platforms. The non-custodial wallet brings seamless access to Bitcoin DeFi, enabling users to manage assets, stack STX, and interact with sBTC and NFTs on the go.

Mark Hendrickson, General Manager of Leather, emphasized the importance of cross-device accessibility in Bitcoin’s fast-moving ecosystem. The app mirrors the web platform’s functionality, featuring SegWit and Taproot support, transaction previews, and robust security protocols.

This release signals growing infrastructure support for Bitcoin’s LAYER 2 ecosystems, particularly Stacks, as demand for decentralized finance solutions on Bitcoin accelerates.

Trump Sons Champion Bitcoin at Las Vegas Conference, Signaling Family’s Crypto Pivot

Donald TRUMP Jr. and Eric Trump took center stage at the Bitcoin 2025 conference in Las Vegas, drawing enthusiastic applause as they positioned their family as active participants in the cryptocurrency revolution. The appearance marked a stark departure from the family’s historical skepticism toward digital assets.

The Trump brothers framed Bitcoin adoption as both an investment thesis and a rejection of traditional finance. "Everyone in the world wants Bitcoin, everybody is buying Bitcoin," declared Eric Trump during the event, adding that "0.1 BTC is going to be worth an absolute fortune." Their remarks underscored the family’s strategic shift from real estate moguls to crypto advocates.

This public endorsement aligns with former President Donald Trump’s recent embrace of digital assets, including accepting crypto campaign donations and pledging to reduce regulatory barriers. The Trumps’ evolving stance reflects growing institutional interest in Bitcoin as both a store of value and a challenge to legacy financial systems.

Bitcoin Faces $110K Resistance as Crypto Market Turns Red

Bitcoin’s failure to breach the $110,000 resistance level triggered a cascading sell-off across cryptocurrency markets. The leading digital asset’s rejection at this key psychological threshold transformed what began as a consolidation phase into a broad market downturn.

Market participants now scrutinize whether geopolitical tensions or macroeconomic factors drove the sudden risk-off sentiment. The sell-off appears concentrated among major assets, with altcoins showing disproportionate losses against Bitcoin’s retreat.

Trading volumes spiked during the downturn, particularly on derivatives platforms, suggesting Leveraged positions were liquidated. This price action echoes previous cycles where Bitcoin’s failure at round-number resistances preceded short-term corrections before eventual breakthroughs.