GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan

The development came after GameStop’s board unanimously approved an update to add BTC to its investment policy. Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior...

Bitcoin’s MVRV Ratio Falls to Yearly Lows – Is This the Ultimate Buy Signal?

Despite the weakened sentiment, Bitcoin's MVRV ratio hints at a potential recovery after significant investor position reductions. According to CryptoQuant, the cryptocurrency market is currently in an oversold state following a strong correction. Bitcoin holdings for less than one month saw a notable surge in March and December 2024, reaching...

Is Bitcoin Immune to Stock Market Volatility? Expert Weighs In

CrediBULL Crypto dismisses fears of Bitcoin’s stock market correlation, advising investors to focus on technical levels for long-term gains. Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTC’s correlation with traditional stocks is overstated, and maintains...

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