Video game retailer GameStop has taken a bold step towards the future of finance, purchasing 4,710 Bitcoin worth approximately $505 million. This move marks GameStop’s entry into the cryptocurrency market and signals a strategic shift towards incorporating Bitcoin as a treasury asset. The decision was made after GameStop’s board unanimously approved a revised investment policy that includes Bitcoin on its balance sheet. The acquisition follows proceeds from a private offering of $1.48 billion convertible notes, aiming to enhance the company’s long-term financial stability. This purchase has sent GameStop shares soaring 4% in pre-market trading as investors and analysts view this move as bold but promising.