Bitcoin’s Divergent Path: GameStop’s Misstep vs. BlackRock’s ETF Success and Metaplanet’s Aggressive Accumulation

In a tale of contrasting fortunes, GameStop’s $512 million Bitcoin investment failed to lift its stock, which plummeted nearly 17% post a short-lived rally. This highlights market wariness toward corporate crypto strategies during volatility. Meanwhile, BlackRock’s iShares Bitcoin Trust celebrated its best monthly performance, signaling strong institutional confidence. Adding to the bullish momentum, Metaplanet has ramped up its BTC acquisitions. With Bitcoin currently priced at 103,376.94 USDT, the crypto landscape remains dynamic and full of opportunities for discerning investors.

GameStop’s Bitcoin Bet Backfires as BlackRock ETF Soars and Metaplanet Accelerates BTC Accumulation

GameStop’s ambitious $512 million bitcoin purchase failed to buoy its stock, with shares tumbling nearly 17% after a brief rally. The video game retailer’s crypto gamble underscores the market’s skepticism toward corporate Bitcoin strategies during volatile periods.

BlackRock’s iShares Bitcoin Trust recorded its strongest monthly performance despite lingering concerns about custodian concentration. The ETF’s success highlights growing institutional appetite for crypto exposure, even as regulatory uncertainties persist.

Japanese firm Metaplanet is aggressively pursuing its goal to hold 10,000 BTC by 2025, adopting a riskier accumulation strategy than typical corporate treasury approaches. This bold MOVE reflects the deepening institutionalization of Bitcoin as a balance sheet asset in Asia.

Brazilian Fintech Méliuz Expands Bitcoin Treasury with Share Offering

Brazilian fintech firm Méliuz has announced a primary share offering to raise up to 450 million reais ($78.6 million), with proceeds earmarked for additional Bitcoin purchases. The company, which already holds 320.25 BTC worth $33.55 million, positions itself as Brazil’s first Bitcoin treasury company—mirroring the strategy pioneered by MicroStrategy.

Shares of Méliuz fell over 8% following the announcement, reflecting market reaction to the dilution risk. The initial offering comprises 17 million common shares targeting 150 million reais ($26.2 million), with an option to triple the size if demand warrants. This capital raise accelerates Méliuz’s transformation from a cashback platform to a crypto-focused holding entity.

The move underscores growing institutional adoption in emerging markets, with Méliuz accumulating Bitcoin since March through strategic acquisitions. As one of Brazil’s earliest fintechs to offer crypto exposure, the company now doubles down on its conviction in digital assets as treasury reserves.

Nigel Farage Pledges Pro-Crypto Reforms Including Bitcoin Reserve and Tax Cuts

Reform UK leader Nigel Farage unveiled aggressive cryptocurrency policies at Bitcoin 2025, promising to slash capital gains taxes on digital assets and mandate a Bitcoin reserve at the Bank of England. The proposal targets Britain’s 2029 general election, framing crypto adoption as essential for modernizing the economy.

Farage’s Cryptoassets and Digital Finance Bill specifically addresses debanking—a practice he called existential for UK crypto businesses. The pledge follows growing institutional interest in Bitcoin, with Reform UK positioning itself as the political standard-bearer for digital asset innovation.

Why Is Bitcoin Price Down Today Despite Massive Whale Accumulation?

Bitcoin’s price tumbled over $6,000 from recent highs despite signs of whale accumulation, defying on-chain data expectations. The M2 money supply model, a historical precursor to BTC price movements, signaled weakness ahead of the drop. Analyst Crypto Seth observed M2’s peak preceded Bitcoin’s decline from $112,000 to $105,000, suggesting macro liquidity trumps short-term buying pressure.

Geopolitical tensions added fuel to the fire. A U.S. federal court’s blockage of proposed tariffs reignited trade policy uncertainty, spooking crypto traders. The market now grapples with conflicting signals: whale demand versus macroeconomic headwinds.

Peter Schiff Roasts Bitcoin Enthusiasts at 2025 Conference

Gold advocate Peter Schiff delivered a scathing critique of Bitcoin at the Bitcoin 2025 conference in Las Vegas, addressing a crowd of 30,000 attendees. Schiff, known for his skepticism toward cryptocurrencies, claimed he might be indirectly responsible for more Bitcoin ownership than anyone present. "Every time I tell you not to buy Bitcoin, you buy more," he remarked, highlighting the contrarian dynamic between his warnings and investor behavior.

Schiff recounted a missed opportunity from 2010 when he considered investing in Bitcoin at less than a dollar per coin. His hesitation stemmed from fundamental doubts about the asset’s intrinsic value—a theme that continues to define his stance. The event underscored the ideological divide between traditional safe-haven assets like Gold and decentralized digital currencies.