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GameStop buys 4,710 bitcoin for corporate treasury: filing

Quick Take The video game retailer announced a 4,710 bitcoin purchase on May 28. GameStop previously announced plans to adopt Bitcoin as a treasury reserve asset and to offer a $1.5 billion convertible note to raise capital. Video game retailer GameStop said Wednesday it acquired 4,710 bitcoin, according to a Form 8-K filing with the U.S. Securities and Exchange Commission. The company did not disclose the total amount spent on the purchase.The bitcoin buy follows GameStop’s move to diversify it...

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