GameStop invests $1.3 billion in Bitcoin: A bold step into the world of cryptocurrencies

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GameStop Plans $1.3 Billion Bitcoin Investment In a surprising twist, video game retailer GameStop plans to convert $1.3 billion of its reserves into Bitcoin (BTC). This decision was made by a unanimous vote of the board and could net GameStop between 14,723 and 15,140 BTC based on current Bitcoin prices. Bitcoin Purchase by GameStop On Tuesday, GameStop announced that there is no set cap on the amount of Bitcoin that can be purchased. The $1.3 billion amount could allow the firm to hoard a significant amount of Bitcoin, considering recent price fluctuations. Last Bitcoin prices were...


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