The asset manager joins a number of crypto firms that are looking to go public as the digital assets market heats up.
A number of bitcoin miner shares are moving higher on the news.
The gaming firm now holds nearly $470 million in ETH and claims to be the largest publicly traded holder of the cryptocurrency.
ProCap Financial will hold Up to $1B in BTC and monetize holdings through yield strategies.
GameStop announced the purchase on X on Wednesday but did not offer further details about when the BTC were acquired or the price paid.
Bitcoin's spot price recently reached record highs above $110,000.
The tech giant reportedly also hired a vice president of product with crypto experience to help with the stablecoin efforts.
Movement's MOVE token is now in "limit-only mode" on the trading platform.
The offer was rejected as too low, according to the story.
The deal expands Securitize Fund Services' offerings and brings its assets under administration to over $38 billion across 715 funds, the company said.
Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy.
President Donald Trump has warned of imposing larger import tariffs on the European Union and Canada if they collaborate to harm the U.S. economy.
An increase in open interest alongside a rise in price is said to confirm the uptrend.
The number of ether held in wallets tied to centralized exchanges has dropped to the lowest since November 2015.
The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.
Also giving a boost was an easing in trade tensions between the U.S. and Canada.
Futures expiring on Friday have slipped into a discount, reflecting demand weakness.
A fresh round of purchases of bitcoin would bring the company's holdings above 500,000 tokens..
The stablecoin giant is moving toward a comprehensive financial audit as it expands its global operations
Finance veteran to succeed Denise Sterling as CFO, shares are up 2% in pre-market trading.
Tokens traded at a notable premium on Coinbase relative to Binance after Trump announced strategic crypto reserve.
Spot CVD shows buyers as the aggressors, indicating spot demand as open interest stays flat.
CME Group expands its crypto offerings with Solana futures, set to debut in March.
Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.
The move happened as crypto exchange Bybit saw a sudden $1.4 billion worth of ETH outflow.
Metaplanet reaches a milestone of 0.01% of the total bitcoin supply.
The popular trading platform said revenue for fourth quarter rose 115% from last year, mainly driven by crypto.
The token, trading under the ticker symbol SMLR, saw a 300% rise after launch but then plummeted.
The protocol has already accumulated tokens of various networks.