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Major Bitcoin Purchases and Regulatory Changes This Week

Major Bitcoin Purchases and Regulatory Changes This Week

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by Giorgi Kostiuk

2 days ago


This week saw a range of notable events in the cryptocurrency market, including major Bitcoin acquisitions and regulatory changes in various countries.

Bitcoin Acquisitions: Strategy and GameStop

Strategy announced the acquisition of 4,020 Bitcoin for nearly $427 million, bringing its total holdings to 580,250 BTC.

Meanwhile, video game retailer GameStop revealed an acquisition of 4,710 Bitcoin but provided no further details regarding the acquisition timing or price.

Regulatory Changes in India and Pakistan

India's cryptocurrency exchanges have noted a more positive attitude from the government. Reports suggest that discussions are underway regarding changes in regulatory policy, which may improve the climate for digital assets in the country.

In Pakistan, a government-led strategic Bitcoin reserve was announced at the Bitcoin 2025 conference in Las Vegas.

Updates on Key Crypto Platforms

Circle filed for a public offering on the New York Stock Exchange. Meanwhile, members of the Cetus Protocol community agreed to reimburse users after a recent $223 million security incident.

The OpenSea platform launched its OpenSea2 upgrade, now supporting token trading across 19 blockchains.

This week featured many significant events in the cryptocurrency space, indicating the ongoing evolution of the industry in both financial and regulatory aspects.

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