GameStop’s $1.5B Gamble: Are They Really Buying Bitcoin?

On the fine day of April Fool’s 2025, a date that surely had some wit behind it, they managed to wrangle $1.48 billion after dancing with those pesky fees. Initially, they were just aiming for the modest sum of $1.3 billion, but evidently, dreams can swell up like a bonfire on a crisp autumn night when there’s Bitcoin afoot.

Meta’s AI Research Head Joelle Pineau to step down in May

According to her LinkedIn post, Pineau has stated that “Today, as the world undergoes significant change, as the race for AI accelerates, and as Meta prepares for its next chapter, it is time to create space for others to pursue the work.” Ah, the age-old excuse: “I’m not leaving, I’m just rearranging the deck chairs on the Titanic… of AI innovation!” 🚣‍♀️

Meme Tycoon 9GAG Goes All-In On Bitcoin & AI! 😱

Ray Chan, the mastermind behind 9GAG, has taken the helm of this financial ship, steering it boldly into the tempestuous waters of Bitcoin, web3, and the creator economy. “Who needs stability when you have memes and crypto?” you may ask. Precisely, dear reader. Precisely. 🤷‍♂️

Unmasking the SEC’s Accidental Role in XRP’s Rollercoaster Rise! 🚀

Now, behold! The million-dollar conundrum—what whimsical fate awaits XRP’s price? Investors clung to fantasies of a meteoric rise, envisioning a dollar surge into the stratosphere—$10, to be precise! After all, if a mere election could send tremors through the marketplace, surely this legal escapade would light the fuse of a bigger explosion. Or was it simply a puff of smoke from a badly rolled cigarette?

GameStop finishes $1.5B raise to add Bitcoin to its balance sheet

Well, isn’t this just peachy? Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised a whopping $1.5 billion, with some proceeds earmarked for buying Bitcoin. Because, you know, what could possibly go wrong with a company that’s already struggling to stay afloat sinking more money into a highly volatile asset. 🤑