MicroStrategy Seeks to Raise $600 Million to Buy Even More Bitcoin

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  Public Keys: Circle Keeps Surging, GameStop's Bitcoin 'Black Box', Ethereum Treasury Tanks

  Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Circle’s stock surged again to end the week while GameStop shares swoon after another bond offering—but SharpLink Gaming’s fall takes the cake. Circle stays hot The euphoria started to ebb, but the glossy announcements kept coming—and CRCL is surging again. After last week's massive launch, USDC issuer Circle has seen its stock reach new highs and then start to settle over the course of...

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  Bitcoin Treasury Firm GameStop Boosts Convertible Bond Offering to $2.25 Billion

  GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer said in a press release published late on Thursday. Shares dropped earlier this week after the Grapevine, Texas-based firm said that it would offer investors more convertible bonds, following a similar, $1.5 billion raise in April. Although GameStop shares held ground on Friday, they fell 24% throughout the week, closing at $22.14, according to Yahoo Finance. Shares chang...

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  SharpLink Gaming Buys $463 Million in Ethereum, Becomes Largest ETH Treasury Firm

  SharpLink Gaming recently acquired $462 million worth of Ethereum, becoming the asset’s largest holder among public firms, according to a company blog post published on Friday.  The Nasdaq-listed online gambling marketer, which adopted an Ethereum treasury strategy in May, said that it had purchased roughly 176,000 ETH for an average price of $2,600 per coin. The price of Ethereum was recently changing hands around $2,500, an 8.8% decrease over the past 24 hours, according to crypto data provide...