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Another one bites the... bullet?

By LeftFooted | bitcoinea | 2 Jun 2025


We're going to see a lot of 180s in the next few years, that's for sure.


We're already seeing plenty of those. People who swore they'd never buy BTC, people who called it trash, a scam, and so on, they're doing a 180 and buying BTC.


GameStop never said anything about BTC, but now they're buying it, which is kind of important because it's another huge company that wants BTC in its balance sheet.


GameStop recently bought 4,710 BTC for $513 million.


They bought at the top, for now, but it's a long game anyway so who cares.


The company's CEO Ryan Cohen spoke at the Bitcoin 2025 Conference, and he said that BTC is portable, verifiable and scarce, which means it's a good asset and hedge against inflation.


Interestingly, GameStop stock dipped 10.9% after the announcement.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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