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GameStop Goes Full Crypto Degen: Drops $513M on Bitcoin Treasury Bet

GameStop Goes Full Crypto Degen: Drops $513M on Bitcoin Treasury Bet

Author:
Thecryptobasic
Published:
2025-05-28 15:44:43

Wall Street’s favorite meme stock just moonwalked into crypto—hard. The gaming retailer scooped up 4,710 BTC, joining the corporate Bitcoin arms race alongside MicroStrategy and Tesla.

Bullish or desperate? When a brick-and-mortar retailer starts hodling harder than your average crypto bro, it’s either genius hedging against dollar collapse... or a Hail Mary play by a company that still sells physical game discs.

One thing’s certain: the ’number go up’ theology now has another blue-chip convert. Just don’t ask accountants how they’ll mark those quarterly impairments.

|Square

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