Online game retailer GameStop (GME) has bought 4,710 bitcoin, price practically $513 million on the time of writing.
GameStop introduced the acquisition on X on Wednesday however didn’t provide additional particulars about when the BTC had been acquired or the value paid.
The Grapevine, Texas-based firm revealed its plans to pursue a bitcoin treasury technique in March, providing $1.3 billion in debt to boost the funds for BTC acquisition.
The shares of GME rose greater than 4% in U.S. pre-market buying and selling on the information, whereas bitcoin value remained subdued round $108,000.
