Video Game Retailer Gamestop (GME) has purchased 4,710 Bitcoin worth nearly $ 513 million at the time of writing.
Gamestop announced the purchase on X on Wednesday, but did not offer any further details of when BTC was acquired or the paid price.
The Grapevine, Texas-based company, revealed its plans to pursue a Bitcoin Treasury strategy in March, offering $ 1.3 billion in debt to raise funds for BTC acquisition.
The GME shares rose more than 4% in the US trade before the market on the news, while Bitcoin Price remained muted about $ 108,000.