币界网报道：GameStop CEO Ryan Cohen disclosed through SEC documents in May 2025 that the company had quietly purchased 4,710 bitcoins worth more than $500 million. This move makes GameStop the 14th largest corporate holder of Bitcoin in the world. Cohen continued his usual style and completed the investment only through the minimum disclosure required by law without holding an investor meeting. The funds came from convertible bond financing, and the company still maintains $4 billion in cash reserves. GameStop had previously tried the NFT market but failed, and this Bitcoin investment is seen as a more mature digital asset strategy. Cohen said that Bitcoin has advantages such as portability, verifiability and scarcity, and can be used as a tool to hedge against global currency depreciation. GameStop's stock price fell after the news was announced, but the company subsequently raised another $450 million through over-allotment rights. Cohen has a large number of loyal retail investors for his successful transformation at Chewy and GameStop.