Game retailer Gamestop4 thousand 710 Bitcoin (BTC) for $ 512 million $108,867.65 Taking a giant crypto money stock to his safe. Instead of being dependent on the sales of classic stores with low profitability, the company adapts its balance sheet to the world of digitalized finance. Like this Tesla, Strategy And Metaplanet Following the footsteps of companies such as companies, Participating in the Crypto Curncement Companies Club, Gamestop offers a new growth story to its investors. The echo of Gamestop’s Bitcoin move can overcome the Wall Street and encourage retail companies around the world.
Game Retailer Giant Giant Gamestop is enlarged with Bitcoin
The adventure of Gamestop’s game CDs to crypto currencies coincides with the most striking phase of the transformation plan, which has been going on for several years. In 2021, the company, which was on the agenda with a breast-hisse storm, strengthened its cash reserve with capital increase and e-commerce attack. This Bitcoin The acquisition is the concrete use of this accumulation. The management defines Bitcoin as a long -term value storage tool. “Insurance Against Inflation” and “Strategic Reserve” statements came to the fore in the meeting notes, while the average purchase price was reported to be slightly less than 108 thousand dollars.
This initiative adds financial leverage to Gamestop’s operational renewal moves. The number of physical stores is gradually reduced and online sales channels are enlarged. Crypto currency Keeping the company with a global investor gives the company an identity. Also in the future in -game payments to customers BTC Additional service doors such as acceptance can be opened.
It was a new sign that corporate investor interest increased in Bitcoin
Gamestop’s Bitcoin purchase expanded the list of corporate investors and had a morale effect on the market. In recent weeks, fund giants and insurance companies have recorded a record of Spot Bitcoin ETFs. Analysts argue that the concept of “crypto currency balance sheet” can turn into standard practice until the end of the year.
On the other hand, there are also experts who remind you that this preference has risks. Because Bitcoin price Open to large mobility, but in the long term supply limitation positions it as the “electronic gold ın of the digital age. As the demand of corporate actors continues, the price will be supported.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
