| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107434.6500000000 |
| ETH | $2433.5840000000 |
| BNB | $648.2596300000 |
| XRP | $2.1845210000 |
| ADA | $0.5656721000 |
| SOL | $150.7752000000 |
| DOGE | $N/A |
| DOT | $3.4047100000 |
| LTC | $86.1361000000 |
| LINK | $13.3967000000 |
Category: CRYPTO NEWS
The post This Week in Crypto Games: GameStop Buys Bitcoin, More Ethereum Games Close Up Shop appeared on BitcoinEthereumNews.com. It’s tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It’s a lot to follow. Luckily, we’re plugged in at Decrypt‘s GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories GameStop buys Bitcoin: GameStop, the video game retailer that’s made waves in recent years as a meme stock, announced Wednesday that it purchased 4,710 Bitcoin, worth $512 million at the time, to establish a corporate Bitcoin treasury. This follows a $1.5 billion convertible notes offering that closed at the start of April, after the company said in late March that it would add BTC as a reserve asset. CEO Ryan Cohen said he views Bitcoin as a hedge against currency devaluation and systemic risk, and added that he won’t reveal future purchase timing or strategy. GameStop joins other public companies following Strategy’s Bitcoin playbook, including Tesla and crypto mining firms holding billions in Bitcoin. Other companies are diversifying beyond Bitcoin, with SharpLink Gaming recently raising $425 million to buy Ethereum. GameStop became a meme stock in 2021 when Reddit users triggered a massive short squeeze against hedge funds. Cohen acknowledged in an interview at Bitcoin 2025 this week that the company was struggling when he joined in 2021, facing pressure from the shift to digital game downloads. Shares in GameStop (GME) fell sharply on Wednesday, down 11% by the end of trading, and continued sliding on Thursday. On Friday, rose less than 1% to finish below a price of $30, down almost 3% over the…
2025-06-02T18:45:07+00:00
https://bitcoinethereumnews.com/bitcoin/this-week-in-crypto-games-gamestop-buys-bitcoin-more-ethereum-games-close-up-shop/?utm_source=rss&utm_medium=rss&utm_campaign=this-week-in-crypto-games-gamestop-buys-bitcoin-more-ethereum-games-close-up-shop