The company also plans to close a “significant number” of its stores in coming months.
Q1 2025 was the worst quarter ever for crypto hacks — $1.64B lost
Due to the Bybit hack worth $1.4 billion, Q1 2025 has proven to be the worst quarter ever in the history of crypto hacks.
BlackRock owns $47.4M in Bitcoin ETF, filing shows
The asset management film BlackRock has reported owning Bitcoin ETF shares worth $47.4 million as of Jan. 31, 2025
GameStop shares tumble as investors question bitcoin pivot
Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling retail business. The video game retailer's shares also gave up all their gains from a day earlier and were on track for their biggest one-day fall since last June, after the company said it was offering $1.3 billion in 0% 2030 convertible bonds to amass the cryptocurrency. However, GameStop also announced the closing of a "significant number" of additional stores this year, signalling that its retail business continued to flounder despite attempts to turn it around.
Trump's Pick to Run SEC Paul Atkins Promises New Crypto Stance, Gets Few Questions
Former SEC Commissioner Paul Atkins testified in a confirmation hearing beside Trump's OCC nominee, Jonathan Gould, though crypto wasn't a central topic.
Convicted crypto founder moved to Oklahoma facility
Sam Bankman-Fried, the convicted founder of the crypto exchange FTX, has been moved from the New York jail where he gave an interview to Tucker Carlson.
GameStop Tumbles on Plan to Issue Convertible Bonds to Buy Bitcoin
GameStop shares tumbled in intraday trading Thursday, a day after the video game retailer said it was planning to issue $1.3 billion in convertible bonds for general corporate purposes, including buying Bitcoin.
Trump’s SEC chair nominee says his 'top priority' will be to fix crypto regulation
Trump's SEC nominee Paul Atkins promised to change and eliminate regulations that limited digital asset investment opportunities.
Crypto for Advisors: What Is a Bitcoin Strategic Reserve?
The U.S. advances plans for its Bitcoin Strategic Reserve as part of its goal of becoming a leader in digital assets. What’s the current state of the Reserve and why does it matter?
Interactive Brokers adds four popular cryptocurrency tokens to platform
Interactive Brokers (IBKR) announced the addition of four popular cryptocurrency tokens to its trading platform: Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE). These new tokens join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), providing investors access to some of the most actively traded digital assets. SOL, ADA, XRP and DOGE are available to clients with an account at Zero Hash LLC, and SOL is available to clients with an account at Paxos Trust Compan