Main meals
- Gamestop got 4,710 Bitcoin in a strategic shift to include encryption in its financial strategy.
- The company raised $ 1.5 billion through convertible notes to buy this Bitcoin.
Share this article
Gamestop announced on Wednesday that it had received 4,710 Bitcoin in the first purchase of encryption ever, as it officially joined a growing list of companies circulating for the public that adopts digital assets as part of their treasury strategy. The official x page of the company was announced.
Gamestop has purchased 4,710 Bitcoin. pic.twitter.com/gdr0brrav
– Gamestop (Gamestop) May 28, 2025
Bitcoin witnessed a modest rise after the announcement. As of the time of the press, the encryption assets were trading of about $ 108,800, as Gamestop’s possessions were evaluated by about $ 512 million. The company did not reveal the average purchase price for Bitcoin on May 28 presentation With a second.
Gamestop (GME) shares increased by more than 5 % in pre -market trading today after the retailer of the video games confirmed his acquisition of Bitcoin, according to Yahoo Finance Data.
Earlier in April, Gamestop collection of $ 1.5 billion With a special display of convertible observations, which I set to buy Bitcoin.
According to the SEC report, the offer consisting of a zero -zero transferred notes in 2030, including the full exercise of the initial buyer’s option to obtain additional notes worth $ 200 million.
This is a developing story.
Share this article
