GameStop Taps Bitcoin... Again? $1.5B for a BTC Buying Spree, Plus a Massive Tariff Crunch

Hey there, DegenDen fam.

Ready for a fresh dose of crypto madness?

We’ve got GameStop raising $1.5 billion for a BTC buy, tariffic brewing from the White House, and corporate adoption that’s accelerating—especially for that “digital gold.”

If you thought we were done with surprise announcements and trillion-dollar question marks, think again.

THE RUNDOWN

• Trump’s Tariff Tensions: April 2 is basically doomsday for risk assets if new tariffs get savage. BTC and stocks might get hammered… or maybe we shrug it off.

• GameStop’s $1.5B BTC Move: They just filed an SEC doc calling it “Project Rocket,” no joke. And they already have $4B in cash. Cue the rocket emojis.

• Strategy Buys More: MicroStrategy (now just “Strategy”) snatched up another 22,000 BTC. Because Michael Saylor can’t help himself, apparently.

• Metaplanet Joins the Party: This Japanese firm wants 10,000 BTC by year’s end. Another sign corporate BTC mania is alive and well.

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DEGENDEN MAIN EVENT

So, let’s talk GameStop. They just confirmed raising $1.48B in net proceeds for “general corporate purposes… including the acquisition of Bitcoin.”

Because nothing screams “we’re serious” like a giant chunk of convertible notes.

They even called the plan Project Rocket in a supporting doc—yes, that’s actually in the SEC filing. The only thing missing is a starry-eyed mission statement about “changing the future of finance.” Or maybe that’s in the footnotes.

Why is it degen-level crazy? Because GameStop’s already sitting on over $4B in cash. If they decide to go full MicroStrategy, they could drop a monstrous BTC buy that dwarfs smaller corporate holders.

And let’s not forget those cozy pictures of CEO Ryan Cohen hanging with Michael Saylor at Mar-a-Lago. Saylor’s been a one-man evangelist for corporate Bitcoin reserves, so maybe he’s roped in another big fish.

Meanwhile, Strategy (rebranded MicroStrategy) is still on a tear, announcing they grabbed another 22,048 BTC for $1.92B.

That puts their total above 528,000 BTC—holy accumulation. Average entry price? $67,458. Let that sink in. Also, Japanese firm Metaplanet added 856 BTC, aiming for 10k by year’s end. Big moves all around.

But hold that bullish hype: Trump’s tariff reveal is set for April 2, and if it’s nasty, risk appetite might shrivel.

Typically, crypto’s high on the risk spectrum—meaning if we see trade war mania, we could get a short-term meltdown. Then again, whales might see that as a discount. Hard to call.

What’s next? Keep your eyes glued to the news cycle. If GameStop drops a bombshell: “We just deployed $2B into BTC,” expect a Twitter meltdown. Or if the White House unleashes some monster tariffs, we might see the market dive.

This is crypto—the storyline flips by the hour.

That’s your scoop this round, degens. Corporate Bitcoin’s definitely not slowing down—GameStop might even break the internet if they go full rocket.

But watch out for potential macro drama on April 2. Are we about to see an unstoppable bull wave or a tariff-fueled correction? The dice are still rolling.

If you enjoyed this little expedition into crypto chaos, forward it to the friend who’s still holding GME stock from the old days or is living vicariously through Saylor’s BTC mania.

Spread the degen spirit.

Stay tuned, stay Degen

– The DegenDen Team

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