GameStop Invests $516 Million in Bitcoin as Part of New Treasury Strategy

GameStop, the popular video game retailer, has taken a major step towards crypto diversification by acquiring 4,710 Bitcoin between May 3 and June 10, 2025. This substantial investment, worth approximately $516.6 million at current market prices, was revealed alongside GameStop’s Q1 2025 earnings report. While the company exceeded analyst expectations for earnings per share (EPS), revenue fell short of projections.