GameStop is reportedly exploring investments in alternative assets, including Bitcoin, according to three sources.
Shares jumped up to 20% in after-hours trading on the news.
As of December 31, 2024 Goldman Sachs had $1.56 billion in these investment vehicles, up from $710 million in the previous quarter. That’s an increase of over 120%.
As Bitcoin’s geopolitical importance rises, countries may push large miners in their territory to join their pools.
Bob Burnett breaks down why smaller miners with their own block templates are key to decentralization.
Join these discussions at MiningDisrupt with link below.
VanEck’s Matthew Sigel breaks down the impact of state-level Strategic Bitcoin Reserve bills:
If passed, they could drive $23 billion in Bitcoin purchases.
That equates to 247,000 BTC, or more than 1% of the total supply.
North Carolina (NC) has joined the growing list of US states considering bitcoin investments, proposing a bill that could put up to 10% of state funds into bitcoin. This is part of a national trend with over 20 states exploring similar legislation.
https://bitcoinnews.com/adoption/north-carolina-strategic-bitcoin-reserve/
BlackRock says Bitcoin is “Risk Off” as a global monetary alternative, while ETH is “Risk On” as a blockchain play.
Bitcoin is money, the rest of “crypto” is just a gamble.