Could GameStop buying Bitcoin be the catalyst for a $200,000 Bitcoin? GameStop (GME) is the latest to join the Bitcoin bandwagon, announcing plans to allocate a portion of its $4.77 billion cash pile to BTC. It now sits alongside Michael Saylor’s Strategy (MSTR), Japan’s Metaplanet (JP:3350), and mining firm MARA Holdings (MARA)—companies treating Bitcoin as a long-term balance sheet asset. The move adds fuel to the idea that more corporate buying could spark a major leg up in BTC price—but whether that’s enough to hit the $200K mark is another question entirely.
Trump’s Executive Order Gives Crypto the Green Light
GameStop’s timing also lines up with a major policy shift. President Donald Trump recently signed an executive order allowing Bitcoin acquisitions under “budget-neutral” conditions. It’s a clear signal of friendlier U.S. crypto policy—but markets haven’t exactly taken off. Bitcoin is still stuck below $100,000, despite all the bullish headlines.
Regulatory Hurdles Still Block the $200K Dream
Why? The infrastructure just isn’t there. Spot Bitcoin ETFs in the U.S. are still cash-settled. Major banks like JPMorgan act more like bystanders than enablers. Even firms like Vanguard and BNY Mellon are keeping crypto at arm’s length. Until traditional finance fully plugs into the Bitcoin system, a $200K price target still feels more like a meme than a forecast.
At the time of writing, Bitcoin is sitting at $87,167.
