On May 28, 2025, the famous American video game and the Gamestop electronics dealer confirmed The purchase of 4710 bitcoins through an X post. The first cryptographic investment of the company, especially after Bitcoin’s recent ATH, applies to more than $ 512 million.
The move comes after the Gamestop Board of Directors unanimously approved an update of its investment policy to add BTC as the Treasury Reserve activity in February 2025.
On March 26, 2025, the company declared its intention to use its $ 1.3 billion on private offer of senior convertible (which can subsequently be exchanged for the company’s shares) “for general company purposes, including the acquisition of Bitcoin in a way consistently with Gamestop’s investment policy”.
$ Gme This purchase of Bitcoin from 4,710 makes Gamestop the 13th public company with most of the Bitcoin in the world. pic.twitter.com/y41uxv7BSZ
– Han Akamatsu θ΅€ζΎ (@han_akamatsu) May 28, 2025
Explore: Is Gamestop the new strategy? GME BTC Reserve Details Drop
The CEO of Gamestop Ryan Cohen follows in the footsteps of Michael Saylor
The market reacted positively when Gamestop shares increased by 4.3% in pre -marketing negotiations. GME is currently exchanged at $ 36.52.
Gamestop Ryan Cohen CEO is known to be a pro-Bitcoin head. Following in the footsteps of Michael Saylor of Strategy, Cohen also shared a photo with him in February 2025.
Saylor bought billions of BTC. The most recent update, on May 1, 2025, is that Saylor acquired 15,355 bitcoins for a value of over $ 1.4 billion.
The strategy is likely to continue to buy more BTC, financed through a mix of favorite class A and Serie A shares. With Over 553,000 BTC Under control, the purchase of strategy underlines its strong belief in Bitcoin and the belief that will gather in the coming years.
New: Michael Saylor met the Gamestop Ryan Cohen CEO last night
#Bitcoin pic.twitter.com/yksddxbnj7
– Bitcoin Magazine (@bitcoinmagazine) February 8, 2025
Ryan Cohen, Gamestop CEO: “I like to watch where no one else is. This is where the best opportunities are.”
And do you still think it’s not stacking Bitcoin?
pic.twitter.com/43Axraf4J5
– Simply Bitcoin (@simplybitintv) May 22, 2025
Find out: 7 High Risk Cryptos for 2025
Keyway keyway
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Gamestop confirmed The purchase of 4710 bitcoins worth more than half a billion, through an X post,
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The market reacted positively when Gamestop shares increased by 4.3% in pre -marketing negotiations. GME is currently exchanged at $ 36.52.
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