ChainCatcher news, according to official sources, crypto venture capital firm 1kx has announced a strategic investment in the blockchain game developer Gunzilla Games for the dystopian cyberpunk shooter game "Off The Grid," with the specific amount not disclosed.It is reported that 1kx had previously been skeptical about deploying cryptocurrency strategies in AAA games due to early product execution risks, and this investment seems to indicate a shift in their previous investment strategy.

ChainCatcher news, GameStop CEO Ryan Cohen posted on the X platform that the price of an American-made iPhone could rise to $10,000. In response, Michael Saylor, founder of Strategy (formerly MicroStrategy), stated that "American-made" Bitcoin will reach $1 million. He previously mentioned that Bitcoin does not "fear" tariffs and that Bitcoin has provided resilience amid the backdrop of a plummeting U.S. stock market, as during market panic, "traders will only sell what they can sell, not what they want to sell."

ChainCatcher news, according to Bitcoin Magazine, GameStop's Bitcoin investment plan is named "Project Rocket."Previous news, after GameStop (GME) completed a $1.3 billion five-year convertible bond issuance, it may soon begin or has already begun purchasing Bitcoin. According to documents disclosed after the U.S. stock market closed on Monday, the underwriters fully exercised the $200 million overallotment option, bringing the total issuance amount to $1.5 billion. After deducting expenses, the company's net fundraising amount is $1.48 billion.

ChainCatcher news, BASE ecological chain game Infected officially announced that its platform and all future games will migrate from Ethereum to Solana.The official stated that the main reason for this migration is that the Base chain cannot handle its high transaction volume demands, resulting in severe congestion when the first game Infected launched, affecting user experience.Infected plans to launch more viral simulation games on Solana this year and hopes that Solana can meet its needs.

ChainCatcher news, according to The Block, video game retailer GameStop announced on Tuesday that it has raised $1.5 billion through a private placement of convertible bonds and plans to use the proceeds to purchase Bitcoin.Documents submitted by the company to the U.S. Securities and Exchange Commission (SEC) show that it has completed the issuance of $1.5 billion in senior convertible bonds due in 2030, with a coupon rate of 0.00%, which includes the full exercise of the underwriters' $200 million over-allotment option. This move is in line with Strategy's shift towards Bitcoin acquisitions in August 2020.

ChainCatcher news, according to Coindesk, video game retailer GameStop announced on Tuesday that it will raise $1.5 billion through a private placement of convertible bonds and plans to use the proceeds to purchase Bitcoin.Documents filed with the U.S. Securities and Exchange Commission (SEC) show that the company has completed the issuance of $1.5 billion of senior convertible bonds due in 2030, with a coupon rate of 0.00%, which includes the full exercise of the underwriters' $200 million over-allotment option. This move is in line with Strategy's shift towards Bitcoin acquisitions in August 2020.

ChainCatcher news, financial giant Vanguard Group may indirectly engage with Bitcoin due to its holdings in GameStop shares.Vanguard is currently the largest institutional shareholder of GameStop, which recently announced a shift towards a Bitcoin strategy, attracting widespread market attention. Although companies like BlackRock and Fidelity have actively positioned themselves in Bitcoin spot ETFs, Vanguard has previously maintained a conservative stance and publicly stated in December 2024 that Bitcoin is "highly speculative and lacks intrinsic value." This indirect engagement may suggest a subtle shift in its cryptocurrency stance.

According to ChainCatcher news, Cointelegraph reported that Vertical Research Advisory managing partner Kip Herriage suggested that GameStop use its cash reserves to purchase $2.5 billion worth of Bitcoin.

ChainCatcher news, according to Cointelegraph, GameStop stock (GME) has been restricted from trading on the New York Stock Exchange due to a 234% surge in short trading volume within 24 hours.

ChainCatcher news, Uber and Robinhood early investor Jason Calacanis questions GameStop's Bitcoin reserve strategy, suggesting that this approach may just be a gimmick without a viable business model.Jason Calacanis stated, "If you are a public company that can't come up with a business model, then buy Bitcoin; if Strategy co-founder Michael Saylor wants to buy $1 trillion worth of Bitcoin, that might be a good suggestion."However, Saul Rejwan, managing partner of early cryptocurrency venture firm Masterkey, believes that the role of Bitcoin as a corporate reserve asset is no longer marginalized, and for companies looking to hedge against inflation, Bitcoin is becoming an option.

ChainCatcher message, GameStop announced that it plans to privately issue $1.3 billion of 0.00% convertible senior notes (due 2030) to qualified institutional investors. Depending on market conditions, the company may also grant initial purchasers the option to purchase up to an additional $200 million of notes within 13 days.GameStop stated that the proceeds will be used for general corporate purposes, including the purchase of Bitcoin in accordance with the company's investment policy.

ChainCatcher news, according to Jinshi reports, U.S. stocks opened with the Dow up 0.16%, the S&P 500 down 0.08%, and the Nasdaq down 0.3%. GameStop (GME.N) surged over 13% after earnings.ChainCatcher previously reported that the video game retailer GameStop updated its investment policy to include Bitcoin as part of its corporate reserve assets. The document states, "The company's investment policy allows for investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar stablecoins. If the company acquires Bitcoin or U.S. dollar stablecoins, the company will face specific risks associated with Bitcoin or stablecoins; as well as the company's ability to maintain effective internal financial reporting controls."

ChainCatcher news, according to Business Insider, GameStop has previously stated in a brief announcement that its board has unanimously approved an updated investment policy to include Bitcoin as a financial reserve asset for the company.This move is not entirely unexpected, as there have been numerous rumors in recent weeks regarding GameStop and its CEO Ryan Cohen's Bitcoin strategy.In the 10-K filing, GameStop revealed that the company may invest a portion of its cash, debt, or equity financing proceeds into Bitcoin in the future, "We have not set a limit on our Bitcoin holdings and may sell our Bitcoin." GameStop also released its fourth-quarter financial report on Tuesday evening.Data shows that as of February 1, the company's revenue for the quarter was $1.283 billion, a significant decline from $1.794 billion in the same period last year.

ChainCatcher news, game retailer GameStop updates its investment policy to include Bitcoin as part of its corporate reserve assets. The document states, "The company's investment policy allows for investments in certain cryptocurrency assets, including Bitcoin and USD stablecoins. If the company acquires Bitcoin or USD stablecoins, it will face specific risks associated with Bitcoin or stablecoins; as well as the company's ability to maintain effective internal financial reporting controls."