Ryan Cohen, chairman and CEO of video dealer Gamestop (GME), increased his share in the company after the company’s decision to add Bitcoin (BTC) as a state reserve asset.

According to a submission of Thursday to the US Securities and Exchange Commission (SEC), Cohen acquired an additional 500,000 shares of the company’s Class A share for $ 21.55 per year. Share, a total of approx. $ 10.78 million.

This purchase raises Cohen’s total inventory to 37,347,842 shares representing approx. 8.4% of gamestop outstanding shares show the archiving.

Cohen’s purchase comes on the heels of GameStop’s board, which approves a plan at the end of March to invest part of its cash pile in Bitcoin. The company also issued $ 1.5 billion in convertible notes to raise funds for its BTC acquisition plan. This capital increase closed earlier this week.

GME shares are slightly up the premarket trade after falling over 7% on Thursday when US equities threw themselves in response to President Trump’s customs reviews.