GameStop Acquires $513.4 Million in Bitcoin as Treasury Reserve
- GameStop purchased 4,710 Bitcoin, valued at $513.4 million.
- The company is now the 13th largest holder of Bitcoin among publicly-traded companies.
- MicroStrategy holds the largest Bitcoin corporate treasury with 580,250 BTC worth over $62 billion.
- The decision to buy Bitcoin was made less than two months after GameStop’s board voted to become a Bitcoin treasury company.
- Publicly-traded companies’ collective Bitcoin holdings increased from 394,131 to 786,857 BTC over six months.
GameStop has significantly expanded its investment portfolio by acquiring $513.4 million in Bitcoin, making it the 13th largest corporate holder of the cryptocurrency. This move aligns with a broader trend among companies increasing their Bitcoin reserves.
Source (2.6)https://dailyhodl.com/2025/05/28/gamestop-gme-becomes-bitcoin-treasury-company-with-513390000-btc-purchase/?rand=59076
