GameStop Invests $505 Million in Bitcoin: A Strategic Move for Diversification

In a bold move to bolster its financial stability, GameStop has invested over $505 million in Bitcoin. This strategic acquisition, as revealed at the 2025 Bitcoin Conference by CEO Ryan Cohen, reflects the company’s commitment to diversifying its portfolio amidst shifting market dynamics and challenging retail conditions. Cohen highlighted GameStop’s restructuring efforts aimed at maximizing profitability and efficiency after navigating a difficult transition from physical sales to digital transactions.