Tag: corporate finance

GameStop's Bitcoin Bet: Freedom or Folly for Corporate Treasuries?

GameStop's Bitcoin Bet: Freedom or Folly for Corporate Treasuries?

GameStop's diving headfirst into Bitcoin, amassing a cool 4,710 BTC – about $513 million worth – in Q1, and backing it up with a $1.75 billion convertible note offering. Now, all of a sudden, they’re the 13th largest corporate Bitcoin holder. And they're not alone. We’re likely just on the...

Bitcoin's $50B Institutional Wave: The Dawn of Corporate Crypto or Fool's Gold?

Bitcoin's $50B Institutional Wave: The Dawn of Corporate Crypto or Fool's Gold?

Fifty billion dollars. That’s the sound of institutional players beginning to realize Bitcoin. GameStop, yes, that GameStop, isn't just selling video games anymore. They're playing a whole new level. They're holding hundreds of millions in Bitcoin. And it's not just them. Strategy, previously known as MicroStrategy, is one of the...