GameStop Buys $513 Million Worth of Bitcoin
Bitcoin Magazine GameStop Buys $513 Million Worth of Bitcoin Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, marking another major corporate entry into Bitcoin treasury holdings as the trend of companies adding Bitcoin to their balance sheets accelerates in 2025. The company announced the acquisition via X on Wednesday but did not disclose specific details about when the purchases were […] This post GameStop Buys $513 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.
Bitcoin Magazine
GameStop Buys $513 Million Worth of Bitcoin
Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, marking another major corporate entry into Bitcoin treasury holdings as the trend of companies adding Bitcoin to their balance sheets accelerates in 2025.
The company announced the acquisition via X on Wednesday but did not disclose specific details about when the purchases were made or the average price paid per coin. The move follows GameStop’s March announcement of plans to pursue a Bitcoin treasury strategy, which included a $1.3 billion convertible senior notes offering to fund Bitcoin purchases.
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