<ul><li>GameStop has acquired 4,710 Bitcoin valued at approximately $513 million, funded by a $1.5 billion convertible note offering.</li><li>This marks GameStop's first confirmed Bitcoin investment since announcing its intent to adopt Bitcoin as a treasury reserve asset.</li><li>The company's move mirrors a growing trend among public companies shifting reserves into Bitcoin for investment and treasury management.</li><li>Following the announcement, GameStop stock initially surged but later reversed course, experiencing fluctuations in value amidst the crypto adoption news.</li></ul>

GameStop Acquires $513M in Bitcoin, Joins Growing List of Corporate BTC Holders

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