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GameStop Goes Crypto: Buys $500M in Bitcoin - EconoTimes

Published 1 day ago1 minute read

On May 28, 2025, GameStop Corp. revealed a strategic investment of 4,710 Bitcoin (BTC), worth over $500 million, to help its portfolio and integrate blockchain technology into its business. This purchase comes after a $1.5 billion convertible note issue mostly intended at financing Bitcoin purchases.

The action shows how GameStop is constantly changing in reaction to evolving retail trends, using a solid balance sheet with more cash than debt and a good liquidity ratio. GameStop's entrance into digital assets coincides with a rising tendency for mainstream businesses to view them as a real asset class.

Although the exact timing and average purchase price are unknown, this Bitcoin investment shows GameStop's faith in digital currencies and is a major support of Bitcoin's corporate asset possibilities. GameStop's overall plan to refresh its image, improve its e-commerce capacity, and investigate new possibilities in the changing gaming and retail scene includes this project. please

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