GameStop has purchased 4,710 Bitcoin, making it one of the top 13 public companies holding the cryptocurrency. The company’s stock rose by 3% following the news. GameStop’s move to invest in Bitcoin aligns with its plan to diversify its assets. The crypto community has advised the company to go beyond holding Bitcoin and run a Bitcoin node. This purchase reflects a growing trend of corporations investing in Bitcoin, with analysts projecting corporate treasuries could allocate up to $330 billion to Bitcoin by 2029.

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