On May 28, 2025, the Retaler of Popular American Video Games and Electronics Gamesop confirmed The purchase of 4,710 bitcoins via a position on X. The company’s first cryptographic investment, especially after the recent Bitcoin ATH, is worth more than $ 512 million.
This decision comes after the Gamestop Board of Directors unanimously approved an update of its investment policy to add BTC as a Treasury reserve ratio in February 2025.
On March 26, 2025, the company declared its intention to use its $ 1.3 billion in private convertible first -class tickets (which can then be exchanged for company actions) “for general business purposes, including the acquisition of Bitcoin in a way of a way of Gamescop’s investment policy”.
$ GME This purchase of 4,710 bitcoin made Gamestop the 13th public company with the most bitcoin in the world. pic.twitter.com/y41uxv7bszzz
– han akamatsu 赤松 (@han_akamatsu) May 28, 2025
Explore: is GameStop the new strategy? Reserve details GME BTC decreases
The CEO of Gamesop, Ryan Cohen, follows in the footsteps of Michael Saylor
The market reacted positively while Gamesop shares jumped 4.3% in trading before marketing. Currently, GME is traded at $ 36.52.
Gamely CEO Ryan Cohen is known to be a pro-cockin chief. Following the traces of Michael Saylor of the 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 worth more than $ 1.4 billion.
The strategy is likely to continue to buy more BTC, funded by a mixture of class A and offers of privileged Actions of Series A. With More than 553,000 BTC Under control, the purchase of Strategy underlines its strong conviction in Bitcoin and believing that it will come together in the years to come.
New: Michael Saylor met the CEO of GameStop Ryan Cohen last night
#Bitcoin pic.twitter.com/yksddxbnj7
– Bitcoin Magazine (@bitcoinmagazine) February 8, 2025
Gamely CEO Ryan Cohen, “I like to look where no one else is. This is where the best opportunities are.”
And you still think that it does not accumulate Bitcoin?
– simply bitcoin (@simplybitcointv) May 22, 2025
Discover: 7 high -risk high -rate cryptos for 2025
Main to remember
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GameStop confirmed The purchase of 4710 bitcoins of a value of more than half a billion, via a position on X,
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The market reacted positively while Gamesop shares jumped 4.3% in trading before marketing. Currently, GME is traded at $ 36.52.
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