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GameStop Doubles Down: $1.75B Raise Fuels Bitcoin Buying Spree Rumors

GameStop Doubles Down: $1.75B Raise Fuels Bitcoin Buying Spree Rumors

Author:
CoindeskEN
Published:
2025-06-11 20:43:33
18
3

GameStop Raising Another $1.75B for Potential Bitcoin Purchases

GameStop''s latest power move? A $1.75 billion capital injection—and crypto markets are buzzing about where that cash might flow.

The Bitcoin Bet Behind the Balance Sheet

While the company stays mum on specifics, the timing screams crypto play. After pivoting from brick-and-mortar struggles to digital asset dabbling, this raise could signal an aggressive shift into Bitcoin treasury strategies.

Wall Street Rolls Its Eyes—Again

Analysts groan at another ''story stock'' maneuver, but traders aren''t laughing—Bitcoin''s price twitched upward on the news. Because nothing says ''serious corporate strategy'' like chasing volatile assets with shareholder money.

One thing''s certain: In GameStop''s hands, $1.75 billion buys either genius-level hedging—or the most expensive meme trade yet.

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