Believe It! GameStop Goes Crypto: A Ninja's Guide to Bitcoin!

Dattebayo! GameStop Gets Serious About Bitcoin!

Believe it! Naruto Uzumaki here reporting live from… well my desk! Turns out GameStop yeah the place where you get all your awesome games just pulled a serious Shadow Clone Jutsu move! They bought a whopping 4,710 Bitcoins! That's like a whole lot of ramen money! Apparently they dropped over half a billion dollars on these digital thingamajigs. I still don't fully get Bitcoin but if it helps GameStop stay awesome then I'm all for it! I hope they use some of that money to make a game about me you know 'Naruto: Bitcoin Ninja'!

Rasengan Sized Investment!

So get this the price of Bitcoin was like super high when they bought it – over $108,000 per coin! Talk about a Rasengan sized investment! These Bitcoin prices are no joke. Apparently all this happened 'cause of some fancy economic stuff but all I know is that everyone's talking about Bitcoin like it's the new Hokage. And you know how badly I wanted to be Hokage and I succeeded dattebayo!

Uh Oh! GameStop Shares Take a Dive?!

Now here's where things get a little tricky. After this big Bitcoin buy GameStop's shares actually went down a bit! Like 9% down! It’s like when I try a new jutsu and it explodes in my face. But don't worry! They're still up for the year so maybe this is just a small hiccup. Like when Sakura punches me for being an idiot but then we're back to saving the world in five minutes.

Following MicroStrategy's Footsteps: Shadow Clone Technique?!

GameStop is copying another company. Apparently this company MicroStrategy or Strategy did the same thing! They’re like the original Naruto and GameStop is trying to use my Shadow Clone Jutsu to catch up. They bought tons of Bitcoin and their stock went all over the place. Will GameStop's plan work just as well? Only time will tell. I have confidence though! GameStop will become a Hokage level company soon enough.

CEO Ryan Cohen: The Real MVP!

All of this is thanks to GameStop's CEO Ryan Cohen. He's like the Kakashi Sensei of GameStop always coming up with crazy plans to save the day! He's trying to turn things around and make sure GameStop isn't just another old store that nobody goes to anymore. By cutting costs and now playing this crypto game I feel that he is cooking up something for GameStop's future. I bet that his plans are bigger than I am.

Believe It! The Future is Now!

So there you have it! GameStop is jumping headfirst into the crazy world of cryptocurrency. Will it work? Will they become the biggest baddest gaming store in the world? I don't know! But one thing's for sure: I Naruto Uzumaki am gonna keep playing my games and cheering them on! Believe it! And maybe just maybe I'll finally understand what Bitcoin really is... or maybe I'll just stick to ramen.