0
0
News

GameStop Buys $512M in BTC

GameStop launches its BTC treasury with a significant purchase.
0
0
May 28, 2025 • 1 min read

GameStop has purchased 4,710 BTC worth $512 million to set up a Bitcoin reserve, financing the buy through convertible notes.

What’s the Scoop?

  • Significant Purchase: GameStop has acquired 4,710 BTC worth $512 million to establish a corporate Bitcoin reserve.
  • Convertible Notes Funding: The purchase was financed through convertible senior notes raised earlier this year.
  • Following a Trend: GameStop joins other firms like MicroStrategy and Tesla in building a Bitcoin-focused corporate treasury.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.