According to an official statement posted on the company’s X account on May 28, the US video game and consumer electronics retailer, gamestop confirmed their first bitcoin investment, acquired 4,710 bitcoins for $ 513 million.
Announcement After revealing a plan to transfer bitcoin investment in March 2025, there is the first purchase of Bitcoin (BTC) publicly accepted by the gamestop.
At that time, the gamestop stated that this loan would fund bitcoin purchase through financing and started offering convertible notes of $ 1.3 billion.
This news comes after months of speculation that the gamestop was searching for alternative property including cryptocurrency. Rumors started spreading in February.
Jumping 12% in March, the gamestop (GME) stock climbed between Satta. February speculation promoted 18% spike in GME stock prices.
According to the tradingview, gamestop shares closed at $ 35 on 27 May and were trading at $ 36.30 in pre-market at the time of publication. This stock is about 30% in the last 30 days, with a year-on-year benefits of about 10%.
This is a developing story, and further information will be added as it is available.
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