BorsaDEX+
Kripto AlPiyasalarSpotVadeli İşlemler500XBirikimEtkinlikler
Daha Fazla
ELIZAOS Etkinliği2000g
GameStop CEO Ryan Cohen has unfollowed all Bitcoin-related accounts on X, raising questions about the company's commitment to cryptocurrency.GameStop CEO Ryan Cohen has unfollowed all Bitcoin-related accounts on X, raising questions about the company's commitment to cryptocurrency.

GameStop ends BTC buying spree, Cohen cools on Bitcoin crowd

Yazar: Crypto.news
2025/08/10 23:30
Bitcoin
BTC$90,153.02+0.06%
GAMESTOP
GAMESTOP$0.00004052-4.92%

GameStop CEO Ryan Cohen has unfollowed all Bitcoin-related accounts on X, raising questions about the company’s commitment to cryptocurrency after accumulating $500 million in Bitcoin.

This social media shift comes as GameStop sits on over $8.5 billion in cash reserves with a $10 billion market cap but has halted Bitcoin (BTC) purchases since May.

“What the hell is going on over at GameStop?” posted analyst The Bitcoin Therapist, noting Cohen’s withdrawal from Bitcoin social media engagement following the company’s initial entry into cryptocurrency investments.

Bitcoin strategy launched with fanfare in March

GameStop’s Bitcoin journey began in March 2025 when the board unanimously approved adding Bitcoin as a treasury reserve asset.

The decision followed months of speculation that intensified after Cohen posted a photo with Strategy founder Michael Saylor in February.

The company completed a $1.5 billion convertible notes offering in April, featuring 0% interest and maturity in 2030, to fund Bitcoin purchases and general corporate purposes.

On May 28, GameStop acquired 4,710 Bitcoin worth approximately $513 million in its first and only cryptocurrency purchase.

Cohen defended the Bitcoin strategy during a July CNBC interview, calling BTC a “hedge against inflation and global money printing.”

The CEO also contrasted Bitcoin’s advantages over gold, citing portability, instant global transferability, blockchain verification, and secure digital storage.

Accumulation strategy stalls after initial purchase

GameStop hasn’t bought any more Bitcoin since the May acquisition. Bitcoin supporters who anticipated aggressive accumulation similar to Strategy’s have been disappointed.

The company raised substantial capital for cryptocurrency investments but has left most of the funds unused.

Cohen’s August decision to unfollow Bitcoin accounts on X suggests a cooling relationship with the cryptocurrency community.

The lack of follow-up purchases raises questions about GameStop’s long-term Bitcoin commitment. To maintain flexibility, the company set no maximum purchase limits and reserved the right to sell any Bitcoin it acquired.

Bitcoin’s price volatility may have influenced this cautious approach.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
B
B$0.24596-0.17%
MemeCore
M$1.53501+2.70%
Threshold
T$0.01071-2.45%
Paylaş
BitcoinEthereumNews2025/09/18 00:40
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Wormhole
W$0.03707-3.21%
FUTURECOIN
FUTURE$0.11975-11.33%
Paylaş
Coincentral2025/09/18 02:07
Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
Union
U$0.003802-1.68%
COM
COM$0.005614-5.50%
Line Protocol
LINE$0.0000051--%
Paylaş
BitcoinEthereumNews2025/09/18 04:36

Popüler Haberler

Daha fazla

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

XRP Stuns ETF Market With Strange $0 Print in Biggest Fund

XRP-Linked Company Lands First European Bank Client for Payments

Kripto Fiyatları

mc_price_img_alt

Bitcoin

BTC

$90,153.02
$90,153.02$90,153.02

+0.19%

mc_price_img_alt

Ethereum

ETH

$3,070.80
$3,070.80$3,070.80

-0.02%

mc_price_img_alt

Solana

SOL

$131.88
$131.88$131.88

-1.21%

mc_price_img_alt

XRP

XRP

$1.9963
$1.9963$1.9963

+0.87%

mc_price_img_alt

First Digital USD

FDUSD

$0.9987
$0.9987$0.9987

+0.02%