GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million

cnbc.com/2025/05/28/gamestop-shares-rise-as-retailer-meme-stock-buys-first-bitcoin-batch-scooping-up-500-million.html

GameStop said Wednesday it has officially bought 4,710 bitcoins, worth more than half a billion dollars, as the video game retailer began its crypto purchasing plan in a similar move made famous by MicroStrategy.
The purchase, its first investment in bitcoin, was worth $512.6 million with…

This story appeared on cnbc.com, 2025-05-28 12:42:29.106000.
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