GameStop Invests $512 Million in Bitcoin, Diversifying Treasury Amidst Financial Challenges

In a significant move signaling its shift toward digital investments, GameStop has acquired 4,710 Bitcoin for $512 million. This strategic purchase reflects the company’s efforts to navigate financial challenges by embracing alternative assets. The acquisition comes as GameStop moves away from its traditional brick-and-mortar retail model and embraces a future focused on digital innovation.