What Happened Last Week for Bitcoin
- PSG and GameStop join the list of institutions adding Bitcoin to their balance sheets.
- Square will enable U.S. Bitcoin payments via Lightning Network by 2026.
- Pakistan and the UK signal diverging national crypto policies as Ledn and HRF expand Bitcoin use cases.
Paris Saint-Germain (PSG) became the first major sports club to add Bitcoin to its corporate treasury. The announcement came during Bitcoin Conference 2025. The club did not disclose the amount, but insiders confirmed the purchase was completed earlier in May.
Jack Dorsey’s Block Inc. will launch Bitcoin payments on Square in the second half of 2025. The rollout will reach all eligible U.S. sellers by 2026. The service will use the Lightning Network. Merchants can accept Bitcoin via QR code and choose to hold it or convert it to fiat. Square first introduced Bitcoin Conversions in 2024. The feature was demoed live at the BTC Inc. merchandise booth during the conference.
Meanwhile, GameStop disclosed a 4,710 BTC purchase worth $513 million. The announcement came on May 28 through a press release and SEC filing. The company funded the purchase with $1.3 billion raised via convertible notes. GameStop�…
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What Happened Last Week for Bitcoin
- PSG and GameStop join the list of institutions adding Bitcoin to their balance sheets.
- Square will enable U.S. Bitcoin payments via Lightning Network by 2026.
- Pakistan and the UK signal diverging national crypto policies as Ledn and HRF expand Bitcoin use cases.
Paris Saint-Germain (PSG) became the first major sports club to add Bitcoin to its corporate treasury. The announcement came during Bitcoin Conference 2025. The club did not disclose the amount, but insiders confirmed the purchase was completed earlier in May.
Jack Dorsey’s Block Inc. will launch Bitcoin payments on Square in the second half of 2025. The rollout will reach all eligible U.S. sellers by 2026. The service will use the Lightning Network. Merchants can accept Bitcoin via QR code and choose to hold it or convert it to fiat. Square first introduced Bitcoin Conversions in 2024. The feature was demoed live at the BTC Inc. merchandise booth during the conference.
Meanwhile, GameStop disclosed a 4,710 BTC purchase worth $513 million. The announcement came on May 28 through a press release and SEC filing. The company funded the purchase with $1.3 billion raised via convertible notes. GameStop�…
The post What Happened Last Week for Bitcoin appeared first on Coin Edition.
Read More