GameStop Officially Confirms First Bitcoin Purchase — 4,710 BTC
31/05/2025
American company GameStop, a well-known retailer of video games and electronics, has officially announced its first investment in Bitcoin — acquiring 4,710 BTC. Although the purchase amount and exact date of the transaction were not disclosed, at the time of publication the acquired Bitcoin was valued at approximately $513 million.
This is GameStop’s first publicly confirmed cryptocurrency investment since the announcement in March this year, when the company revealed plans to enter the alternative assets market. To finance this major deal, a $1.3 billion convertible notes offering was launched.
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