GameStop Stock Slides 10% After Announcing $500M Bitcoin Purchase
On May 28, 2025, GameStop made a bold move. The company announced it had bought $500 million worth of Bitcoin. That’s around 4,710 bitcoins added to its balance sheet. Right after the news, GameStop stock dropped by over 10%. This surprised many of us. GameStop is no stranger to headlines. From meme stock madness to…