GameStop (NYSE: GME) just did it.

The once-meme-stock-turned-retail-underdog is now making a bold pivot into the Bitcoin standard, announcing a $1.3 billion fundraising through a private offering of convertible senior notes, with proceeds earmarked - in part - for the acquisition of Bitcoin. This comes just one day after the company updated its investment policy to add Bitcoin as a treasury reserve asset.

Let that sink in: GameStop - with over 4,000 retail locations - is not just buying Bitcoin. It may be positioning itself to become Main Street’s first Bitcoin bank.

River, a client-first Bitcoin-only financial institution, has revealed a staggering 139% increase in the number of public companies holding Bitcoin since 2023. Despite this remarkable growth, less than 1% of publicly traded companies have embraced BTC as a treasury asset—highlighting a massive untapped opportunity for businesses worldwide.

As Bitcoin flirts with its previous all-time highs, a meeting between US Senator Cynthia Lummis and Eric Trump has ignited fresh discussions about the creation of an American Strategic Bitcoin Reserve (SBR). The meeting, held at the Capitol, was initially highlighted in a now-deleted tweet from Eric Trump, raising questions about potential high-level strategy shifts regarding Bitcoin adoption.

AMP, one of Australia's largest wealth management firms, has made history by becoming the first major Australian-based superannuation fund to invest in Bitcoin (BTC). According to a report from the Australian Financial Review (AFR), AMP allocated $27 million to Bitcoin earlier this year as part of its broader diversification strategy.