GameStop Goes Full Crypto Degen: Drops $513M on Bitcoin Treasury Bet
Wall Street’s favorite meme stock just moonwalked into crypto—hard. The gaming retailer scooped up 4,710 BTC, joining the corporate Bitcoin arms race alongside MicroStrategy and Tesla.
Bullish or desperate? When a brick-and-mortar retailer starts hodling harder than your average crypto bro, it’s either genius hedging against dollar collapse... or a Hail Mary play by a company that still sells physical game discs.
One thing’s certain: the ’number go up’ theology now has another blue-chip convert. Just don’t ask accountants how they’ll mark those quarterly impairments.