The GAMESTOP video game retailer (GME) bought 4,710 Bitcoin, worth nearly $ 513 million when writing the editorial’s time.
GameStop announced Wednesday the purchase on X but did not offer details on the moment when the BTC has been acquired or the price paid.
The company based in Grapevin, Texas, revealed its plans to continue a Bitcoin cash strategy in March, offering $ 1.3 billion in debt to collect the funds for the acquisition of the BTC.
GME shares have increased by more than 4% of American pre-commercial exchanges to the news, while the price of bitcoin has remained inserted around $ 108,000.