GameStop (GME) USD Price

GameStop is a video game retailer that has recently been involved in the cryptocurrency space by purchasing Bitcoin. It announced a plan to use Bitcoin as a treasury reserve asset, which led to the acquisition of 4,710 BTC, valued at nearly $500 million as of May 28, 2025. The company has raised funds through convertible notes to support this strategy, with intentions to use the proceeds for general corporate purposes and potential acquisitions. GameStop's move into Bitcoin aligns with its updated investment policy and mirrors strategies seen in other companies like Strategy, formerly known as MicroStrategy. Despite these efforts, GameStop's stock has experienced fluctuations, reflecting investor skepticism and reactions to its cryptocurrency strategy.