Gamely’s announcement that he invested in Bitcoin has led excitement through the cryptographic community. In a few hours, the video game and electronics retailer experienced a significant increase in stock prices. However, the price of Bitcoin remained the same.
In a conversation with Beincrypto, representatives of Quantum Economics and Cryptobrant explained that the Bitcoin price was necessarily indifferent to this type of ad. GAMESTOP does not have the size and the scale to have a significant impact on the trading value of the assets, while the overall feeling of the fertilizer market has limited significant price movements.
Understand the Gamestop Bitcoin movement
On March 26, Gamescop announced an update of her investment policy, revealing that she had added Bitcoin as a treasury reserve ratio. The microroring microstrategy microchin plan, GameStop played on cryptographic exposure to strengthen its financial situation in 2025.
“Gamesop adding bitcoin to their record is a huge victory for the adoption of companies in the world’s main cryptocurrency,” said Beincrypto in response Mati Greenspan, founder and CEO of Quantum Economics.
The company’s equity prices jumped up to 12% in a few hours before seeing corrections. Community members reacted favorably, including high -level characters like Scottie Pippen, six times NBA champion.
As Pippen’s tweet suggests, GameStop’s announcement is parallel to the recent efforts of different institutional players to acquire Bitcoin Holdings. However, unlike previous cases, the company’s initiative did not have an impact on the performance of Bitcoin prices.
Indifference of the explained market
One day before Gamesco’s announcement, the Bitcoin price culminated at $ 88,474. Yesterday he fell at a summit of $ 88,199. At the time of the press, the Bitcoin price is based on $ 86,691. In other words, the Bitcoin trading value has remained not sanded by the acquisition of GameStop.
On previous occasions, these announcements pushed the BTC price by important percentage points, releasing a vague of bullish feeling in commercial activity.
When Tesla, for example, announced in February 2021 that it bought $ 1.5 billion in Bitcoin, the move briefly increased the price of cryptocurrency to 20%.
Other major actors such as Strategy (formerly Microstrategy) and Blackrock and the nation states such as El Salvador and Bhoutan have also acquired massive quantities of Bitcoin. But in yesterday’s announcement, GameStop did not mention the amount of BTC she looked at.
The company mentioned that it would issue $ 1.3 billion in higher tickets convertible to 0% to finance this acquisition. However, compared to the broader trend of companies listed publicly buying Bitcoin, this figure is rather disappointing.
“The announcement lacked key details – above all, the amount of bitcoin they buy. Although they were seated at around $ 4.8 billion in cash, we have not seen any indication of which part, if necessary, will be allocated to the BTC,” Greenspan told Beincrypto.
As a result, the market was gave way. Without a clear figure, investors had no reason to react strongly. Instead, the declaration served as a message of intention rather than a concrete event from the market.
But even if Gamesop had specified how ready to buy the bitcoin, it would still not have made a lot of difference in the price of Bitcoin. This is due to the underlying macroeconomic factors that have maintained the BTC below $ 90,000 for almost a month now.
Why didn’t GameStop Announce the price of Bitcoin?
According to his latest quarterly report, GameStop has a cash balance of nearly $ 4.8 billion. According to yesterday’s announcement, the company plans to raise $ 1.3 billion thanks to a private convertible first -class ticket offer.
However, he said that the net product of this offer will be used for “general ends”, which may include the acquisition of Bitcoin.
However, this remains to be seen. This imprecision creates a situation with a lot of speculation but no concrete information.
For Greenspan, even if GameStop used his cash balance to buy Bitcoin, the overall price of BTC would remain unchanged.
“To put things in perspective, the Bitcoin chain volume is on average about 14 billion dollars a day-and it does not even have exchanges or ETFs. So, even if Gamescop was going to all, it would still not be a bump,” he said.
Meanwhile, the announcement must also be envisaged in the light of the greatest feeling surrounding the cryptography market for the moment.
A moment bison
The feeling of the market has been particularly cautious lately. Between Trump’s pricing announcements and rumors on a possible recession, the Bitcoin price remained stagnating.
“The overall feeling of the market remains the least bullish since January 2023, measured by the cryptocurrency bitcoin bitcoin score index.
While the main event announcements have increased Bitcoin prices in the past, the wider market has focused on other factors affecting trading behavior.
“The growth in demand for the complement of Bitcoin remains in contraction territory, down 297K Bitcoin in the last 30 days, the greatest contraction for such a period since December 2023. The market is more focused on macro developments, taking into account the expectations of a slow economy and uncertainty concerning the prices of the administration of Trump and the commercial policy,” added Moreno.
Given the greatest pessimism, the damping of the overall feeling of the market, business purchases announcements are unable to gain enough strength to have a positive impact on Bitcoin prices.
Meanwhile, since the institutional adoption of the crypto has arrived, the announcements of companies do not have the same impact as before.
Has the adoption of companies become old news?
There is a case to do so that the general public has become desensitized to the advertisements of the Bitcoin de corporate treasury. According to Bitcoin Boncoin data, private companies around the world hold 381,560 BTC worth more than $ 33.2 billion, twice as important as public enterprises.
“More perfectly, institutional adoption is so last cycle,” said Greenspan.
Many more recent announcements that extend beyond the scope of BTC assets in private companies have shaken the market, causing prices to increase.
The market went crazy when Spot Bitcoin ETF began to negotiate in January of last year. For the first time, Bitcoin has become available in a much wider basin of institutional investors who previously hesitated to invest directly in cryptocurrency.
This event led to a significant influx of capital on the Bitcoin market, which increases demand and prices.
Almost a year later, when Trump, a presidential candidate who promised to make the United States a pioneer of the cryptocurrency, won the elections, the Bitcoin prices have reached new heights.
Other more recent events, such as Trump’s announcement of a national strategic cryptography reserve, have had similar impacts on the market.
According to Greenspan, events like this will create future peaks in the BTC price. For him, the new adoption cycle will focus on the acquisition of Bitcoin by whole nations.
BTC national reserves should be a new market engine
While countries like the United States, China and Ukraine currently have Bitcoin stocks mainly seized in law enforcement activities, more and more countries deliberately buy additional bitcoin for strategic purposes.
El Salvador, for example, gradually increased Bitcoin purchases. Today, it contains just over 6,000 in holdings. Meanwhile, Bhoutan’s Bitcoin stock has already exceeded the billions of dollars.
Other jurisdictions, such as Brazil, Poland, Hong Kong and Japan, also asked the legislators to consider adding bitcoin to their tax reserves.
For Greenspan, these announcements will generate a real change in the future BTC trading activity.
“This Bull Run mainly concerns the adoption of the nation state. Let us admit: as fun and nostalgic as Gamesop is, it simply cannot compete with the scale and the importance of whole countries which enter the Bitcoin arena,” he said.
In the large scheme of the Bitcoin market, the announcement of GameStop, although notable, turns pale compared to the potential impact of large -scale events such as changes in national policy or major economic changes.
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