Gamestop (GME) has just added an enormous amount of Bitcoin (BTC) to his balance as an assets of a treasury reserve.
The video game -Retailer, who became a viral sensation among traders in 2021, has announced That it bought 4,710 Bitcoin, with a value of $ 513.4 million at the time of writing.
Gamestop is now the 13th largest holder of Bitcoin among listed companies.
Strategy (previously known as micro strategy) possess The largest Bitcoin Corporate Treasury in the world, with 580,250 BTC worth more than $ 62 billion at the time of writing.
The BTC purchase of Gamestop will be less than two months after the board voted to become a Bitcoin Treasury company, as part of the company’s strategy to use its liquidity to maximize the shareholder value.
Said gamestop at that time,
“On March 25, 2025, we announced that, as part of our revisions of the investment policy, the Council approved the addition of Bitcoin as an active of a treasury reserve, in addition to US dollar-memenomined stablecoins, to the investment sport folio of the Bitcoin. A Bitcoin. We can acquire. “
A new report from the Crypto Asset Manager Bitwise shows that listed companies are increasingly investing in Bitcoin, where collective interests are increasing from 394.131 to 786,857 BTC during the six -month period from 15 November 2024 to 15 May 2025.
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Generated image: midjourney