At the 2025 Bitcoin Conference in Las Vegas, in an interview with the CEO of Nakamoto David Bailey, the CEO of GameStop Ryan Cohen announced why the company bought over $505 million in Bitcoin.

Ryan Cohen started by explaining some things about the GameStop business.

“When I took over, the company was a piece of crap and losing a lot of money and was under a lot of pressure moving from physical gains to digital downloads so you had to cut costs,” stated Cohen. “Very aggressively bringing physical discipline and we did. Retail is a tough business, but it was a big focus on getting cost under control.”

When Bailey asked Cohen how many Bitcoin GameStop owned, Ryan responded,…

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In a headline speech at the Bitcoin 2025 Conference today, U.S. Vice President JD Vance declared Bitcoin’s growing role in national policy and promised a new era of federal support under the Trump administration. “It’s great to be here with Bitcoin at $108k and to be the Vice President of the United States,” Vance opened. “This isn’t a conference of people. This is a movement.” 

Thanking David Bailey, and key figures like Cameron and Tyler Winklevoss, Vance emphasized, “They took a big step and everyone else followed.” He also shouted out Coinbase for their participation at the event as well.  

In sharp contrast to past administrations, Vance was clear: “What…

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Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine.

800 million satoshis (8 BTC) currently worth over $874,000 at the time of writing, is being granted across 22 different projects around the world focusing on open-source development, educational initiatives, Bitcoin mining decentralization, and privacy tools for human rights advocates living under authoritarian regimes. The main areas of focus for these grants center around Latin America, Africa, and Asia

While the HRF did not disclose how much money each project is receiving specifically, the following 22 projects are the…

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U.S. Department of Labor has reversed its previous stance and now supports allowing cryptocurrency in 401(k) retirement plans. The agency had previously warned investment managers to be extremely cautious with digital assets but has now stepped back from those restrictions. This marks a major shift in federal policy regarding crypto investments.

Secretary of Labor Lori Chavez-DeRemer announced the change stating that investment choices should be made by fiduciaries and not by Washington officials. She criticized the previous administration’s attempt to limit crypto by calling it government overreach. This move signals stronger support for digital assets under the current leadership.

Other government bodies have also begun to ease restrictions on cryptocurrency. The FDIC has withdrawn its rules requiring banks to report crypto activity and the Federal Reserve has softened its stance on banks working with digital currencies. These rollbacks reflect a growing acceptance of crypto across multiple federal agencies.

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Willemstad, Curaçao, May 28, 2025 (GLOBE NEWSWIRE) —  In the dynamic world of online gambling, finding the best online casinos in Ontario can be a challenge, given the multitude of platforms available. Players seek casinos that offer a vast game selection, secure transactions, and rewarding bonuses. 

In 2025, 7Bit Casino emerged as a top contender among the best online casinos in Ontario, recognized for its extensive crypto game selection, generous bonuses, and fast, reliable payouts. 

This article delves into why 7Bit Casino is a leading choice for players seeking a top ontario online casino experience, exploring its features, strengths, and what makes it stand out in the…

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Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, marking another major corporate entry into Bitcoin treasury holdings as the trend of companies adding Bitcoin to their balance sheets accelerates in 2025.

The company announced the acquisition via X on Wednesday but did not disclose specific details about when the purchases were made or the average price paid per coin. The move follows GameStop’s March announcement of plans to pursue a Bitcoin treasury strategy, which included a $1.3 billion convertible senior notes offering to fund Bitcoin purchases.

GameStop’s Bitcoin acquisition represents a strategic shift in corporate…

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