Main notes
- Gamestop purchases 4,710 BTC at a value of $ 505 million, and Bitcoin adds to her wardrobe.
- There is no limit to Bitcoin’s possessions, indicating a long -term encoding.
- The shares decreased to $ 30 after the news, although strong support from Crypto fans.
Gamestop, the old-school video retail seller that has turned into the phenomenon of Meme stock, is making waves again-this time by diving in Bitcoin.
On May 28, the company revealed that it acquired 4,710 BTC, at a value of approximately $ 505 million at the time of the announcement. This bold move sparked excitement within the encryption community, reaffirmed the Gamestop worship among defenders of decentralized financing.
From M and Bitcoin stock
The magic of Crypto World with Gamestop is not new – it is due to the 2021 short pressure, as a group of Reddit retail investors turned the stalled retailer into a code of resistance against the Wall Street elite. The same ethics are located in the heart of the Betcoin, which makes the Natural Gamestop and Crypto allies.
Now, Gamestop has strengthened this relationship by reviewing its official investment policy for Bitcoin Treatment as Treasury Reserves.
According to CEO Ryan Cohen, the company sees Bitcoin and gold as a way to hedge against inflation.
Arrogance:
Ryan Cohen explains the reason Gamestop decided to buy $ 500 million in Bitcoin pic.twitter.com/ougggg9ypw
– Crypto Rover (Rovercrc) May 28, 2025
Why do you hide the encryption mobil?
Financial rebellion code
Gamestop’s ascension was fueled by retail merchants who were combined together to outperform the sellers over the institutional exposed. The hidden spirit reflects bitcoin roots as a central alternative to central banking services. For encryption lovers, Gamestop is not just a retailer – it is a symbol of decentralized force.
$ GME “What other companies should we pay attention to now?”
“Gamestop.”
Chat, it’s time.
buckle!
pic.twitter.com/90kpc4dbw8
Alex Thompson (Sierrastrades) May 28, 2025
Modern walking
Many companies invade with the dependence of encryption, but a few of them make difficult moves like this. Using $ 505 million of her cabinet to acquire Bitcoin, Gamestop indicates a level of condemnation that resonates with a society often doubts the signals of the virtue of companies.
There is no cover on bitcoin holdings
Unlike some public companies that warn the line, Gamestop does not put a roof on its BTC exposure. In SEC files, I noticed that there is no maximum amount of Bitcoin that might accumulate, and may sell them as desired. This type of flexibility is seen as smart and strategic in the eyes of encryption investors.
Hedge
Gamestop faced continuous challenges in the retail sector, including It plans to close a large number of stores in 2025. Diversification is now seen as a strategy as an ascetic treasury, especially amid concerns about reducing the value of the dollar and inflation.
Cultural overlap
The overlap between players and high encryption users. Both societies are digitally original, skeptical of traditional energy structures and comfortable decentralized systems. Gamestop step looks less like axis and more like returning to its base.
What next?
With the markets of the market worth $ 14.3 billion and 1.48 billion dollars in the new capital of convertible notes, Gamestop indicates that it is ready to be more than just retail remittances by jumping on the Bitcoin direction in the United States. However, there is always “but”.
Immediately after the purchase, the company’s shares fell from $ 35 to $ 30, where it remained.
Gamestop shares | Source: Google Finance
Some note that Gamestop is actually the only company whose shares have decreased after bitcoin purchased. Is it another market trick? Well, he will only tell time.
Gamestop is the only public company where, after buying Bitcoin, the price did not rise on the same day; Instead, he decreased. The manipulation is clear. $ GME
– Louise ₿arto (ISWELUIZ) May 28, 2025
One thing is clear: by buying Bitcoin, Gamestop got a spot in X directions for another strong week or so.
the next
Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Yana Khlebnikova joined Techopediaand Crypto.Newsand CointelegraphAnd CoinmarketcapWhere she sharpened her experience in the cryptocurrency press.
The post Why GameStop Still Resonates with Crypto Investors first appeared on Investorempires.com.
