🔥🔥🔥GameStop “Goes Big” with Bitcoin: Will It Create a New Shock Like the Meme Frenzy?
On March 25, 2025, GameStop (GME), the famous video game retailer with meme stock, unexpectedly announced plans to “pour money” into Bitcoin (BTC) and USD-pegged stablecoins, using cash or raising debt. The Q4 financial report reveals this “big ambition”, affirming that the investment policy allows for the purchase of cryptocurrency assets. GameStop currently holds up to $4.77 billion in cash – a huge figure compared to $921.7 million in the same period last year. Q4 revenue reached $1.283 billion, with total revenue for 2024 reaching $3.823 billion.
Having made waves during the pandemic with the meme stock frenzy, GameStop has made a remarkable comeback and reported profits in 2023. Since February, rumors about “holding” Bitcoin have caused GME stock prices to soar. In early March, CEO Ryan Cohen “teased” by posting a photo with Michael Saylor – the Bitcoin mogul who owns 506,137 BTC (2.4% of total supply) – raising the question: Could GameStop make history? Learning from Strategy, GameStop is ready to add Bitcoin to its balance sheet, promising a dramatic turning point in the world of cryptocurrency!Details about BitcoinMicroStrategy's StrategyIncreasing Curiosity