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GameStop has followed MicroStrategy’s business model of selling shares to raise capital for massive bitcoin purchases. Some ...

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GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase.

Video game retailer GameStop has begun investing in bitcoin with a purchase of 4,710 bitcoin. It revealed the acquisition of the cryptocurrency on Wednesday.

GameStop on Wednesday announced it has bought 4,710 bitcoin, worth over $500 million, as the video game retailer makes its ...

The price of GME fell sharply Wednesday following word from GameStop that it had made its first Bitcoin purchase.

GameStop said in a filing it acquired 4,710 bitcoins, its first bitcoin purchase since unveiling its plans in March to invest in the digital asset.