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GameStop Doubles Down on Digital Gold: Drops $500M+ on Bitcoin Bet
GameStop Doubles Down on Digital Gold: Drops $500M+ on Bitcoin Bet
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Wall Street’s favorite meme-stock rebel just went full crypto degen. GameStop—yes, the same company that turned ’hodling’ into a financial strategy—just allocated over half a billion dollars to Bitcoin. Talk about a plot twist.
Why this matters: When a brick-and-mortar retailer pivots hard into digital assets, it screams institutional FOMO. Forget moon missions—this is a hedge against fiat, delivered with the subtlety of a meme-war tweetstorm.
The cynical take: Because nothing says ’modern treasury strategy’ like chasing volatility with shareholder money. At least they didn’t buy NFTs this time.
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