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GameStop Buys $513 Million Worth of Bitcoin

  • Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, joining the trend of companies adding Bitcoin to their balance sheets.
  • GameStop's Bitcoin acquisition represents a strategic shift in corporate treasury management, following the lead of other companies.
  • Over 50 public companies have announced Bitcoin treasury programs in the first five months of 2025, with GameStop being the latest entrant.
  • The move boosted GameStop's shares by 4.4% in pre-market trading, and Bitcoin traded near $108,900 as the market reacts to this institutional development.

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