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@ Layer3.news
2025-05-28 11:29:16
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GAMESTOP OFFICIALLY CONFIRMS FIRST BITCOIN PURCHASE OF 4,710 BTC
https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NzE2OGMtOWI0NS03YWRhLTllZGYtMjc3ZjA4NDQwMTIy.jpg
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✍️ GameStop has made its first publicly announced Bitcoin purchase, acquiring 4,710 BTC, marking a significant step in the company's plans to invest in cryptocurrencies.
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👉 GameStop has made its first publicly announced Bitcoin purchase, acquiring 4,710 BTC
👉 The company plans to finance the purchase through debt financing and launched a $1.3 billion convertible notes offering
👉 The news comes after online reports suggested the company was considering investment in alternative asset classes, including cryptocurrencies, in February
👉 GameStop shares showed significant growth, jumping 12% after the news was announced
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#business
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