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GameStop Doubles Down on Bitcoin—Adds 4,710 BTC to Corporate War Chest

GameStop Doubles Down on Bitcoin—Adds 4,710 BTC to Corporate War Chest

Cryptonews
Author:
Cryptonews
Release Time:
2025-05-28 11:03:53
0

GameStop Adds 4,710 Bitcoins to Treasury Amid Crypto Push

Wall Street’s favorite meme stock just made a power play in crypto. GameStop quietly loaded up its balance sheet with 4,710 bitcoins—a $200M+ bet at current prices.

Why it matters: The move signals institutional adoption is alive and well, even as TradFi bankers clutch their pearls over ’volatility.’

Between the lines: Somewhere, a hedge fund manager is simultaneously shorting BTC and explaining why his 2% treasury yield constitutes ’alpha.’

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