According to Cas Abbé on Twitter, GameStop has announced the purchase of 4,710 Bitcoin ($BTC) for its balance sheet, marking a significant move by a major public company into cryptocurrency. This acquisition is expected to boost confidence in Bitcoin among institutional investors and may set a precedent for other companies considering crypto as a treasury asset. Traders should watch for increased $BTC volatility and potential upward momentum in the near term, as GameStop's entry echoes similar strategies by firms like MicroStrategy and Tesla (source: Cas Abbé, Twitter, May 28, 2025).