GameStop Buys $500M in Bitcoin Amid Renewed Crypto Momentum

GameStop has purchased 4,710 bitcoin worth over $500M, aligning its treasury strategy with crypto-friendly trends under Trump’s administration. As Bitcoin reaches new peaks, its surge mirrors the strategies of Tesla and Coinbase. Despite investor concerns over volatility, GameStop’s pivot aims to boost financials after declining sales post-Reddit-fueled stock surge. Political tensions around crypto continue to grow.

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SC Halts ₹1 Lakh Crore GST Notices Against Online Gaming Firms Over Tax Fraud


The Supreme Court has put a hold on GST showcase notices totaling over ₹1 lakh crore that were sent to online gaming companies and casinos due to accusations of tax evasion. A bench led by Justices J B Pardiwala and R Mahadevan paused the proceedings and has set a date for the next hearing on March 18. A change to the GST law in October 2023 required foreign gaming companies to register in India and imposed a 28% GST on the total value of bets. Companies like Games 24×7 and Head Digital Works have challenged these hefty demands, leading the Supreme Court to take over cases from nine high courts in order to issue a unified decision.

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