Today in Crypto, Blackrock is said to seek a 10 % stake in Circle before the public subscription. Gamestop has announced its first investment in Bitcoin, and American actor Brian Cointelegry has informed that encryption legislation should remain free from unrealistic policy rulings.
Blackrock Eyes 10 % in General IPO – Circle – Report
According to Blackrock, to take a large share in the upcoming first general intervention in Circle (IPO).
According to May 28, Bloomberg a report Quoted from anonymous sources, Blackrock looks forward to buying approximately 10 % of the offer. Circle, the USDC Stablecoin source, aims to raise $ 624 million in its first year offering.
The report said that Cathy Woods Arx Infosts is also an interested in purchasing $ 150 million in the offer.
Circle launched 24 million shares of the A.D. joint shares on May 27. The offer consists of shares of the company as well as the shares of the current stakeholders, including the co -founder and CEO Jeremy Aller. According to the report, the General subscription is now received orders for several times available for shares.
The company applied for a preliminary public offer on April 1, but it was late to indicate economic uncertainty. According to what was reported, the Ripple and Coinbase explores a potential acquisition of the department. The company has since refused speculation, saying it was “not for sale.”
Gamestop officially confirms the purchase of the first Bitcoin from 4,710 BTC
Gamestop, a video game for American video and retail consumer electronics stores, confirmed the first investments in Bitcoin, where she got 4,710 Bitcoin, according to a statement published on May 28 at the company’s X’s account.
The company did not specify the amount it paid for Bitcoin (BTC) or when purchases were performed in advertisementWhile its model is 8-K provides the US Securities and Stock Exchange Committee as well Offers A little details. The value of the buyer was about 513 million dollars at the time of writing this report.
The declared acquisition is the first recognized purchase of Gamestop since the company revealed plans to move to Bitcoin Investment in March.
At that time, Gamestop said it would finance the bitcoin purchase by financing debt and made a $ 1.3 billion transfer offer.
The news comes months after speculation that Gamestop was exploring alternative assets, including cryptocurrencies.
Representative Steel wants restraint on the encryption bill additions
On May 27, Republican Republican Brian Steelgraph told May 27 that he wanted legislators to stop adding what it considers not related to the two main encryption projects, claiming that doing so is to slow the implementation of an organizational framework for the industry.
“Individuals, when they see legislation, will move forward, they want to attach non -German articles to any bill that will be moved and registered in the law,” Steel, Chairman of the Sub -Services Committee in the House of Representatives at Crypto, told CointeleGraph at the Bitcoin 2025 conference in Las Vegas.
Currency and stable currency legislation will open the golden age of digital assets. pic.twitter.com/lsbx5p2wqt
Brian Steel (Repbryan Part) May 27, 2025
He added: “We have to restrict ourselves from that instinct and try our colleagues – both sides of the corridor.”
Concerts in Congress hopes to pass Stablecoin and Sarket Struption invoices a period before August, which was hindered by Democrats who attracted support for the Stablecoin bill earlier because of his concerns about President Donald Trump’s projects.
Steel has argued that TROMP concerns are not related to bills, and “the text focuses on offering an organizational framework in which we can apply procedures to enhance this broader market.”
