Corporate Crypto Gold Rush: GameStop, Trump Media, and Sharplink

Today’s livestream dives into the sharp rise of corporate crypto treasuries, Telegram’s surprise partnership with xAI, and Yieldnest’s fast-approaching TGE. Host Samuel McCulloch sits down with Deo from Yieldnest to make sense of the week’s headline raises, the potential ripple effects for Bitcoin and Ethereum markets, and the end of Curve’s longstanding whitelist. If you missed the show live, use the timestamps below to jump straight to the moments that interest you most, then check the resource links at the end to explore each story in greater depth.

Timestamps
00:00 Intro, Squid contributor rewards on Fraxtal
02:00 Deo joins, quick Yieldnest airdrop update
03:05 Theme of the week, corporate balance sheets turn to crypto
05:18 GameStop acquires 4,710 BTC through debt financing
08:45 How debt structures shape liquidation risk
11:00 SharpLink Gaming raises $425 mn for an ETH treasury strategy
14:40 Roxom Global’s $17.9 mn raise and BTC-denominated exchange plan
18:15 The Blockchain Group’s $72 mn bond for Bitcoin purchases
19:25 Trump Media sets up a $2.5 bn Bitcoin treasury deal
22:05 Plasma Foundation’s latest strategic round and Beam’s stablecoin rails
24:30 Curve whitelist era ends after the Petra upgrade
27:10 Telegram integrates Grok, details of the $300 mn cash-and-equity pact
32:20 Yieldnest vault architecture, asset allocation dashboard tour
38:50 Governance launch, ve-style tokenomics, June 3 TGE details
41:30 Closing thoughts, upcoming guests, and how to earn Squid

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Reference links
Telegram–xAI announcement: https://x.com/durov/status/1927705717626003759
SharpLink $425 mn ETH strategy: https://investors.sharplink.com/sharplink-gaming-announces-425000000-private-placement-to-initiate-ethereum-treasury-strategy/
The Blockchain Group bond: https://www.theblock.co/post/355756/the-blockchain-group-completes-72-million-bond-issuance-to-fuel-bitcoin-buying-strategy
Trump Media Bitcoin treasury: https://www.globenewswire.com/news-release/2025/05/27/3088703/0/en/Trump-Media-Announces-Approximately-2-5-Billion-Bitcoin-Treasury-Deal.html
SharpLink site: https://www.sharplink.com
Roxom raise: https://www.coindesk.com/business/2025/05/22/roxom-global-raises-179m-to-build-btc-treasury-back-247-media-network
Roxom site: https://roxom.com
Plasma strategic round: https://x.com/PlasmaFDN/status/1925597168288559370
Plasma site: https://www.plasma.to
Yieldnest dashboard: https://app.yieldnest.finance/restake?ref=4ZYhFKdSh5iZMsGQaVygg59bac9Z
Beam: https://www.getbeam.cash
Original meme reference: https://x.com/ImperiumPaper/status/1927677963262197821

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