GameStop disclosed Wednesday it acquired 4,710 BTC for its corporate treasury, aligning with its new bitcoin reserve policy. The IMF stated it will "ensure" El Salvador's government does not increase its bitcoin holdings under their loan deal. Strategy's bitcoin buying pace is slowing amid shrinking premium and rising competition.
David Sacks, President Trump's crypto czar, suggested expanding the U.S. Strategic Bitcoin Reserve using budget-neutral strategies at Bitcoin 2025 on Tuesday. Conduit raised $36 million in a Series A funding round co-led by Dragonfly and Altos Ventures to expand its blockchain-powered cross-border payments platform.
The U.S. Labor Department reversed its stance on crypto in 401(k) plans, accusing the Biden administration of interference.
This article is based on our author's analysis of materials taken from The Block's newsletter, The Daily.