Video game retail gamestop is getting bitcoin with more than $ 500 million

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Vertical research advisor management partner Kip Trueage discusses Bitcoin’s Bitcoin as a treasure reserve asset “Earnings”.

Gamestop invests in Bitcoin.

Wednesday, Video game retailers 4,710 Bitcoin was bought.

This notes that the Gamestop has purchases Cryptocurry for the first time after a reviving investment policy to enter Bitcoin as a “treasure reserve asset”.

A gamestop store on March 4, 2024 in New York City. (Shelby Knowers / Bloomberg Getty Imager / Getty Images)

This 4,710 bitcoin This gamestop had a value worth $ 505 million until Wednesday.

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The video game comes two months after the retail sales after the retailer, completing the $ 1.48 billion debate from net income.

Gamestop, Securities and Exchange Commission noted that the net funds will be used to obtain the total corporate goals, including the exchange commission bitcoin in a way that is in accordance with the company’s investment policy. ”

The visual representation of the digital cryptocurrency bitcoin is displayed in Paris on November 12, 2024. (Chesnot / Getty Images / Photo illustration by Getty Images)

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At the end of March, the video revised the retail sales of retail, “Let some of our cash and future debt and capital emissions be put to Bitcoin.” This action was unanimously approved by the Board.

“We did not put a maximum amount of Bitcoin, we can collect and sell a bitcoin we can get,” said Gamestop, then.

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Working video game retailer More than 3,200 shops In early February, the world is fighting in recent years.