In late March 2025, GameStop announced plans to raise $1.3 billion through convertible senior notes, with the proceeds intended for general corporate purposes, including Bitcoin purchases. This followed their board’s unanimous approval to add Bitcoin as a treasury reserve asset, a strategy inspired by companies like MicroStrategy. Posts on X from April 1, 2025, have speculated about a $1 billion Bitcoin purchase happening tomorrow, but these claims lack official confirmation from GameStop as of today, April 1, 2025.
Given the company’s stated intent and financial moves, it’s plausible they could make a significant Bitcoin purchase soon, potentially tomorrow, but the exact amount and timing remain unverified without an official statement or filing. GameStop’s cash reserves, reported at nearly $4.8 billion as of early 2025, plus the $1.3 billion raise, give them ample capacity for such a move. Still, any announcement would likely depend on market conditions and internal decisions not yet public. Keep an eye on GameStop’s official channels or SEC filings for confirmation.
