Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. GameStop, the company which rode the meme stock frenzy to a $30 billion ...
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GameStop is taking its promised bitcoin investment seriously--$500-million-worth-of-bitcoin serious, in fact. The video game retailer (which has also become a meme stock) announced the purchase of 4,710 bitcoin, the oldest and largest cryptocurrency,
The video game retailer cashed in on the recent meme stock frenzy -- and its popularity among crypto traders ...
The video game retailer--and popular meme stock--announced earlier this year it would add the cryptocurrency as a "treasury reserve asset."
The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with bitcoin's price of $108,837 Wednesday.
Metaplanet capitalizes on Bitcoin with put options, cheap Japanese debt, and meme-stock dynamics, amplifying volatility and potential gains. See more on MTPLF here.