GameStop Buys 4,710 Bitcoin, Joins Top Corporate Holders

GameStop Buys 4,710 Bitcoin, Joins Top Corporate Holders
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GameStop has made a significant entry into the crypto market by purchasing 4,710 Bitcoin, positioning itself among the top corporate holders. The move follows its March announcement to diversify assets through Bitcoin exposure.

  • GameStop's Bitcoin purchase makes it a top 15 corporate holder, surpassing firms like Semler Scientific.
  • The crypto community urges GameStop to run a Bitcoin node and provide proof-of-reserves for greater transparency.
  • Corporate Bitcoin adoption is rising, with analysts predicting $330 billion in allocations by 2029.
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