GameStop digs into the crypto world with a bold $1.75 billion offering of 0% convertible senior notes. The company also gives initial buyers a chance to grab another $250 million in notes. This move is seen as a step toward adding more bitcoin to its balance sheet and building long-term digital strength.

The gaming retailer updated its investment policy in March to include bitcoin as a treasury reserve asset. Funds raised will support general operations and future investments. GameStop previously raised $1.5 billion in April and bought 4,710 bitcoin on May 28 marking its first major crypto step.

GameStop continues to face falling revenue with a 17% drop in Q1 sales from last year. Despite a sharp decline in stock price the company signals confidence in crypto as a future path. By digging into bitcoin it joins over 100 public companies now embracing digital currency as a key asset.

Source

The U.S. Senate voted 68 to 30 to advance the GENIUS Act a bill focused on regulating stablecoins marking a major step toward crypto innovation. The bipartisan move clears the way for a final vote soon potentially as early as Monday. The bill requires stablecoins to be backed by U.S. dollars or similar liquid assets and enforces annual audits for issuers with over $50 billion in value.

Senate Banking Chair Tim Scott praised the bill as a win for innovation and national security. Support came from both parties although some Democrats including Chuck Schumer and Elizabeth Warren voted against it. President Trump’s administration backed the legislation stating he would sign it if passed. Trump has been vocal about pushing crypto growth and has ties to digital asset ventures.

If passed by the Senate the GENIUS Act faces hurdles in the House where a separate stablecoin bill has already been approved by committee. Lawmakers will need to reconcile the two versions to bring unified stablecoin rules to life.

“It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.” 

This message was posted by Satoshi Nakamoto to BitcoinTalk on December 11, 2010. A couple of months later, in February 2011, the Silk Road marketplace was launched, and only a couple months after — on April 23, 2011 — Satoshi posted his last message.

In October 2013, Ross Ulbricht was captured by the FBI and the Silk Road fell — only to be replaced by a thousand more copycat marketplace sites. The rest is Bitcoin history.

Ross Ulbricht chose to center his Bitcoin 2025 keynote speech around an experience he had clearing…

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Yesterday, The CLARITY Act passed favorably through the House Agriculture and Financial Services Committees with 47-6 and 32-19 bipartisan votes, respectively.

While a handful of amendments will be incorporated into a revised version of the bill, none of said amendments will alter a recently-added section of the bill that regards noncustodial products and services.

To clarify, on Monday, language from The Blockchain Regulatory Certainty Act (BRCA) was added to The CLARITY Act.

This language, included in Section 110 of The CLARITY Act, is focused on non-controlling (noncustodial) blockchain developers and blockchain service providers.

The exact wording in the bill is as…

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Stripe has agreed to acquire crypto wallet startup Privy marking another bold step in its expansion into digital assets. This follows its recent $1.1 billion purchase of stablecoin platform Bridge as reported by Bloomberg. While the Privy deal’s financial terms remain undisclosed it reflects Stripe’s deepening interest in building crypto-friendly tools for businesses.

Privy launched in 2021 helps companies integrate crypto wallets directly into their platforms making onboarding smoother for users. Clients include NFT giant OpenSea loyalty app Blackbird and HR firm Toku. Privy removes the need for third-party wallet setups which often disrupt user experience. The startup was last valued at $230 million in March 2025.

Stripe confirmed Privy will continue to operate independently like Bridge. This move enhances Stripe’s goal to provide end-to-end crypto infrastructure. It also supports Stripe’s growing stablecoin projects such as merchant accounts funded by USDC and USDB. The acquisition is expected to finalize in the coming weeks.

Bloomberg