GameStop Acquires 4,710 Bitcoin for Nearly $513 Million
GameStop (GME) has acquired 4,710 bitcoin, valued at approximately $513 million. The announcement was made on X, but details regarding the acquisition date and price were not disclosed.
- GameStop plans a bitcoin treasury strategy, previously seeking $1.3 billion in debt for BTC purchases.
- After the announcement, GME shares increased over 4% in U.S. pre-market trading.
- The current bitcoin price is around $108,000.