Investors flee GameStop following $500 million Bitcoin splurge

fortune.com/crypto/2025/05/28/gamestop-investors-flee-500-million-bitcoin-buy

GameStop, the embattled video game retailer, announced its first large acquisition of Bitcoin on Wednesday, disclosing a purchase of more than $500 million worth of the currency as part of the company’s attempt to boost its ailing profits.
GameStop has purchased 4,710 Bitcoins,…

This story appeared on fortune.com, 2025-05-28 15:53:25.
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