May 28 (UPI) -- Video game seller GameStop announced it has bought 4,710 bitcoins worth almost $513 million as part of its strategy to invest in cryptocurrency. GameStop's board of directors in March announced its intent to invest in bitcoin to create a reserve asset, CBS News reported. Officials for the video games retailer did not say when it bought the bitcoins. Grapevine, Texas-based GameStop's board also announced it will raise $1.3 billion in debt to invest in bitcoin. Related Trump

Tag-uri: Bitcoin