GameStop Secures $1.3 Billion to Fuel Its Bitcoin Strategy
GameStop is planning to go hard on Bitcoin, possibly to relive the Gamestonks days. A day after revealing to CNBC that they plan to add Bitcoin to their treasury reserve asset, GameStop is now focusing on a planned sale of bonds, which will serve as a way to buy $1.3 billion worth of Bitcoin.
This approach to mirror MicroStrategy’s strategy suggests that GameStop, which hasn’t gotten a lot of traction as a game retail store lately, is trying to push itself into the limelight. This has created an interesting time to find the best crypto to buy now.
How Will GameStop’s Purchase Impact the Bitcoin Price?
With GameStop acting as the newest Bitcoin whale, investors should expect the BTC price to increase momentarily. BTC is…
