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Thomas Hughes

INSANE: Gamestop buys bitcoin smart strategy or big mistake | Vintage Vibes

GameStop Strategy Bitcoin MarketBeat MicroStrategy GME
[content-module:CompanyOverview|NYSE:GME]

As dubious as it may seem, GameStop’s (NYSE: GME) shift to Bitcoin (CRYPTOCURRENCY: BTC) could pay off over time. Evidently, the gaming resale industry is dead money; investing in BTC provides a path forward, but it will be a long road to travel.

The most recent news is that the company made its first purchases, about 4,700 Bitcoins for $512.6 million. 

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