GameStop CEO Responds to Proposal to Convert $5 Billion Cash to Bitcoin
The firm urged GameStop to avoid investing in other cryptos, calling Bitcoin the only “true store of value” among digital assets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Strategy spent record cash on STRC buybacks at its worst price yet
Michael Saylor’s BTC company Strategy told investors that its STRC share buybacks would “taper” as STRC neared $100 per share. How...
PHP Attack Threatens Crypto Safety: Should You Cash Out or Pull Funds From Exchanges?
The FBI, National Security Agency (NSA), and Cybersecurity and Infrastructure Security Agency (CISA) have warned organizations to...
Three Firms Line Up to Trade Tokenized US Stocks Onchain Under SEC Exemption
Three companies have told the US Securities and Exchange Commission (SEC) they plan to run onchain venues for tokenized US stocks....
SoFi Launches an Interest-Bearing Tokenized Deposit That Converts Into Its SoFiUSD Stablecoin
SoFi Technologies on Thursday rolled out an interest-bearing tokenized deposit called SoFi Earn, or SOFIE, giving members of its c...
Solana targets faster finality, while Wall Street cuts the cash that must move
Solana activated Alpenglow on mainnet on Oct. 21 at slot 459,653,000, replacing TowerBFT with a consensus design that targets abou...
Shinhan Card, SBI-Affiliated Crypto Firms Plan Yen Stablecoin Tests for In-Store Payments
Shinhan Card, the credit card arm of South Korea’s Shinhan Financial Group, signed a memorandum of understanding with two Japanese...