GameStop Buys Bitcoin. From Meme Stock to the Next MicroStrategy? - Barron's
1. GameStop purchased 4,710 Bitcoins valued at over $5.12 billion. 2. The move aligns with plans to establish a Bitcoin treasury. 3. GameStop aims to become an investment-holding company through crypto. 4. Market response was positive, with a 1.6% rise in GME shares. 5. Bitcoin's recent price fluctuations may affect GME's treasury strategy.