Ryan Cohen, the CEO of GameStop, said that his company is not trying to emulate Michael Saylor’s Strategy and that it has a Bitcoin strategy of its own.
Cohen underlined that his company now has over $9B in cash, which they intend to deploy responsibly. His focus is on identifying opportunities that can generate massive returns with limited downside risk.
These improvements in core financials, combined with GameStop’s bold $BTC acquisition, signal a strategic shift.
The company isn’t just cutting costs; it’s actively reallocating capital into long-term, asymmetric bets like Bitcoin to preserve and grow value.
All in all, as more major companies like GameStop embrace the power of Bitcoin as a hedge, the broader sentiment around $BTC as a store of value for deploying excess liquidity is only set to grow stronger.
Why does this matter? Because it shows that traditional financial giants are more eager than ever to gain exposure to Bitcoin.
Moreover, they’re not just swooning over ETFs or custody solutions, but increasingly preferring direct equity in $BTC-heavy corporations as another strategic entry point.
After all, it’s an ambitious new project expanding Bitcoin’s real-world utility by combining its unmatched security with next-gen speed, scalability, and usability (through dApp and Web3 adoption).
Right now, Bitcoin struggles with slow transaction speeds, high costs, and a lack of native support for smart contracts or decentralized applications.
These limitations make it unsuitable for many modern blockchain use cases. This is where Bitcoin Hyper comes in, with 55% of its fundraising going towards project development and its treasury.
By building a brand-new, high-performance, low-latency Bitcoin Layer 2 and integrating the Solana Virtual Machine (SVM), $HYPER aims to bring the scalability and developer experience of Solana to the Bitcoin ecosystem.
The SVM will enable the execution of smart contracts and decentralized applications, something previously impossible for developers to do on Bitcoin.
The second most important part of Hyper is a non-custodial, decentralized canonical bridge that enables seamless and secure transfers between the Bitcoin L1 and Hyper’s L2.
It’s worth noting that you can’t use native $BTC directly on a Layer 2 like $HYPER because, as mentioned above, Bitcoin’s base layer doesn’t support smart contracts or the interoperability standards required for cross-chain communication.
Finally, you can use “wrapped” $BTC for high-speed payments, DeFi applications (like swaps, lending, and staking), NFT platforms, and even gaming dApps.
And once you’re done interacting with the Hyper L2, you can simply raise a withdrawal request. The system will then convert your wrapped tokens back into native BTC and release them to your Bitcoin address on Layer 1.
The best part? The token is currently in presale, meaning you can grab it for some of its lowest prices.
At the time of writing, the project has raised nearly $3M in early investor funding, and one $HYPER is available for a low $0.012275.
It’s worth noting that $HYPER holders will also benefit from reduced gas fees, participation incentives, and staking rewards (currently yielding 298%).
Disclaimer: This article is not financial advice. Investments in crypto are highly risky due to the market’s volatility, so be sure to do your own research before investing.
