{"id":29002,"date":"2025-05-28T13:16:48","date_gmt":"2025-05-28T13:16:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29002"},"modified":"2025-05-28T13:16:48","modified_gmt":"2025-05-28T13:16:48","slug":"gamestop-buys-4710-bitcoins-heres-why-markets-are-watching","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29002","title":{"rendered":"GameStop Buys 4,710 Bitcoins \u2014 Here&#8217;s Why Markets Are Watching"},"content":{"rendered":"<div>\n<p><strong>GameStop Corp.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GME#NYSE\">GME<\/a>) shares surged Wednesday in premarket trading after the company announced the purchase of <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/05\/b45639344\/gamestop-announces-purchase-of-bitcoin\" rel=\"noreferrer noopener\">4,710<\/a> Bitcoins (CRYPTO: BTC\/USD), marking a significant step in its pivot toward digital assets.<\/p>\n<p>This acquisition follows GameStop\u2019s earlier decision to adopt Bitcoin as a treasury reserve asset, a move confirmed during its fourth-quarter <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/general\/gaming\/25\/03\/44482313\/gamestop-q4-earnings-revenue-miss-eps-beat-shares-surge-as-board-approves-bitcoin-as-treasury-reserve-asset\" rel=\"noreferrer noopener\">earnings<\/a> release.<\/p>\n<p>As of May 27, 2025, the leading cryptocurrency <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/05\/45635733\/bitcoin-ethereum-dogecoin-gain-after-trump-medias-planned-btc-investment-consumer-optimism-analyst-says-this-large-crypto-is-best-play-in-base-portfolio-at-the-moment\">briefly surged <\/a>above $110,000 before retreating to the $108,000 range overnight. GameStop did not disclose the average purchase price of its 4,710 Bitcoins.<\/p>\n<p><strong>Also Read:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/news\/25\/05\/45567005\/strategy-mstr-stock-rises-on-2-1b-preferred-stock-offering-bitcoin-all-time-high\" rel=\"noreferrer ...&lt;\/p&gt;&lt;p&gt;&lt;a href=https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45643177\/gamestop-buys-4710-bitcoins-heres-why-markets-are-watching alt=GameStop Buys 4,710 Bitcoins \u2014 Here's Why Markets Are Watching&gt;Full story available on Benzinga.com&lt;\/a&gt;&lt;\/p&gt;&lt;\/div&gt;&lt;\/body&gt;&lt;\/html&gt;\"><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GameStop Corp. (NYSE:GME) shares surged Wednesday in premarket trading after the company announced the purchase of 4,710 Bitcoins (CRYPTO: BTC\/USD), marking a significant step in its pivot toward digital assets. This acquisition follows GameStop\u2019s earlier decision to adopt Bitcoin as a treasury reserve asset, a move confirmed during its fourth-quarter earnings release. As of May [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29002","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29002"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29002\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}