GameStop buys over $500M worth of Bitcoin
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GameStop, the US video game and consumer electronics retailer, has announced its first Bitcoin purchase of 4,710 BTC.
3hon MSN
GameStop's shares jumped nearly 3% after the company revealed a massive $512.6 million investment in Bitcoin, marking a significant shift towards cryptocurrency under CEO Ryan Cohen.
GameStop (GME) has just added a massive amount of Bitcoin (BTC) to its balance sheet as a treasury reserve asset.