GameStop's $55.5 billion eBay takeover bid puts its $368 million bitcoin stash in the crosshairs

coindesk
coindesk|2026年05月04日 20:16
The video game retailer’s proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the expansion. What to know : Video game retailer GameStop proposed to acquire online marketplace eBay for $55.5 billion in a major expansion bid. The company plans to fund the bid with $9.4 billion in cash and liquid investments on its balance sheet plus up to $20 billion in financing, raising questions about whether it will sell its $368 million bitcoin stake. The bid comes after GameStop shifted its bitcoin stash to Coinbase Prime to generate income, while CEO Ryan Cohen framed the firm's expansion plan as "way more compelling than bitcoin."
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