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Gate Square New & Returning Creator Rewards are ongoing!
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#Gate 荣获 “2025 年度最佳加密货币交易所”大奖 #May Market Outlook Last minute: The US-based giant GameStop has finally made the purchase of Bitcoin ( BTC )!
The large American company GameStop announced the purchase of 4,710 Bitcoins ( BTC ).
According to the latest news, the giant company GameStop has purchased 4,710 Bitcoins ( BTC ). This purchase is due to a new financial policy approved by the board in March aimed at incorporating Bitcoin into the company's asset portfolio.
The news announced on GameStop's X account regarding the purchase of BTC.
In a statement at the end of March, GameStop announced that its board unanimously approved the use of Bitcoin as a reserve asset.
This move came after weeks of speculation by GameStop Chairman and CEO Ryan Cohen. The controversy was sparked in early February when Cohen shared a photo with MicroStrategy CEO Michael Saylor at Donald Trump's Mar-a-Lago residence.
A few days later, Matt Cole, the CEO of Strive Asset Management, issued a letter calling for GameStop to use part of its $5 billion cash reserves for Bitcoin.
GameStop subsequently offered a $1.3 billion special convertible preferred bond issuance to fund overall corporate objectives, including the purchase of Bitcoin.
This is not investment advice.