Main to remember
- GameStop acquired 4,710 Bitcoin in a strategic change to include crypto in its financial strategy.
- The company has raised $ 1.5 billion thanks to convertible tickets for this Bitcoin purchase.
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Gamestop announced Wednesday that it had acquired 4,710 bitcoin in its very first purchase of crypto, officially joining a growing list of listed companies adopting digital assets as part of their cash strategy. The announcement was made on the official X page of the company.
GameStop bought 4,710 bitcoin. pic.twitter.com/ggdr0brrav
– GameStop (@gamestop) May 28, 2025
Bitcoin saw a slight increase after the announcement. At the time of the press, the cryptographic asset was negotiated at around $ 108,800, assessing Gamesop assets at around $ 512 million. The company has not disclosed the average purchase price of its Bitcoin hiding place in its May 28 file with the SEC.
Gamesop (GME) actions have increased by more than 5% in pre-commercial trade today after the video game retailer has confirmed its Bitcoin acquisition, according to data from Yahoo Finance.
Earlier in April, GameStop raised $ 1.5 billion thanks to a private convertible ticket offer, which he appointed for Bitcoin purchases.
According to a dry file, the offer was made up of tickets for elderly convertible people with zero interest due 2030, including the full exercise of the buyer’s initial option to acquire $ 200 million in additional tickets.
It is a story in development.
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