---
title: "GameStop spent over 500 million USD to purchase its first batch of Bitcoin"
description: "Video game retailer GameStop announced on Wednesday that it has officially purchased 4,710 bitcoins, worth over $500 million, to demonstrate that the company has begun implementing its cryptocurrency "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/242222485.md"
published_at: "2025-05-28T13:05:01.000Z"
---

# GameStop spent over 500 million USD to purchase its first batch of Bitcoin

> Video game retailer GameStop announced on Wednesday that it has officially purchased 4,710 bitcoins, worth over $500 million, to demonstrate that the company has begun implementing its cryptocurrency purchasing plan. This purchase marks the company's first investment in bitcoin, involving a total of $512.6 million

Video game retailer GameStop (GME.US) announced on Wednesday that it has officially purchased 4,710 bitcoins, worth over $500 million, to demonstrate that the company has begun implementing its cryptocurrency purchasing plan.

This purchase marks the company's first investment in bitcoin, involving an amount of $512.6 million

### Related Stocks

- [GME.US - GameStop](https://longbridge.com/en/quote/GME.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.