Key Notes GameStop buys 4,710 BTC worth $505M, adds Bitcoin to its treasury. No limit on Bitcoin holdings, signaling long-term crypto commitment. Stock fell to $30 after the news, despite strong support from crypto fans. GameStop, the old-school video game retailer turned meme stock phenomenon, is making waves once again—this time by diving headfirst into […]
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure GameStop made headlines this week when it confirmed a major Bitcoin purchase. The retailer bought 4,710 BTC for about $513 million. The money came from cash raised in March through a $1.4 billion convertible notes sale. This is the first time GameStop
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Bitcoin Magazine GameStop CEO Ryan Cohen Announced Acquisition of Over $505 Million Bitcoin At the 2025 Bitcoin Conference in Las Vegas, in an interview with the CEO of Nakamoto David Bailey, the CEO of GameStop Ryan Cohen announced why the company bought over $505 million in Bitcoin. JUST IN: GameStop $GME CEO explains why the
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GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly
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Bitcoin Magazine GameStop Buys $513 Million Worth of Bitcoin Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, marking another major corporate entry into Bitcoin treasury holdings as the trend of companies adding Bitcoin to their balance sheets accelerates in 2025. The company announced the acquisition via X on Wednesday but did
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