Gamestop is inspired by Michael Saylor’s strategy, with whom they were in contact.
There is an increasing trend of institutional and corporate investment in Bitcoin.
Gamestop announced the purchase of 4,710 bitcoin (BTC). The video game company, based in Grapevine, Texas, thus joins a group of companies that make up BTC to their reservations, such as Strategy, Tesla and Marathon, marking a step in their financial strategy, which had already been anticipated months ago after meetings and corporate decisions.
The acquisition, confirmed On May 28, 2025, it is part of a plan that Gamestop had been exploring since February, when his CEO, Ryan Cohen, met with Michael Saylor, a well -known defender of Bitcoin and Strategy leader. At that time, the company evaluated to include BTC in its portfolio, as cryptoics reported.
For March, Gamestop had already announced its strategy to incorporate Bitcoin as a reserve asset, a decision approved by its board of directors, which was looking for Diversify your investments in a context of transformation of the retail business.
The purchase of the 4,710 BTC was partially financed with previously collected funds. Gamestop had raised $ 1.5 billion through the issuance of convertible senior notes with expiration in 2030, part of which were intended for investments in Bitcoin, in accordance with their plan to use cash, debt or capital emissions for this purpose, as detailed in its quarterly report. However, the exact financial terms of the transaction were not revealed in the official statement.
