On March 25, Gamestop announced plans to incorporate Bitcoin as a treasury reserve asset. The company is raising 1.3 billion USD through convertible senior notes to finance its Bitcoin acquisitions, despite a significant drop in its stock price.
Microstrategy, under Michael Saylor’s leadership, continues its aggressive Bitcoin acquisition strategy, holding over 506,137 BTC valued at approximately 33.7 billion USD. The firm showcases a notable year-to-date Bitcoin yield of 7.7%.
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