GameStop makes its first bitcoin buy. Here’s why the stock is pulling back.

May 28, 2025

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Published: May 28, 2025 at 10:34 a.m. ET

GameStop Corp. shares were falling Wednesday after the videogame retailer announced its first purchase of bitcoin on a day that bitcoin prices fell.

In a one-sentence press release, GameStop

GME said it has purchased 4,710 bitcoin.

This post was originally published on Market Watch

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GameStop makes its first bitcoin buy. Here’s why the stock is pulling back.

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