GameStop (GME) shares fell in Wednesday morning trading after the video game retailer disclosed the purchase of 4,710 Bitcoin (BTCUSD) in a press release.

The company did not disclose when the purchase was made, at what price the Bitcoin was purchased, or w🌜hether it was acquired through one or multiple transactions.

At its current prices of roughly $108,000, the Bitcoin 🐻that GameStop recently purchased is worth north of $500 million.

The retailer 澳洲幸运5开奖号码历史查询:added Bitcoin to its 澳洲幸ꦛ运5开奖号码历史查询:official corporate investment policy in March, following months of reports and 澳洲幸运5开奖号码历史查询:social media posts fueling speculation that GameStop was considering investing in Bitcoin. After adding the cryptocurrency to its policy, GameStop said it was 澳洲幸运5开奖号码历史查询:planning to issue $1.3 billion in 澳洲幸运5开奖号码历史查询:convertible bonds for "general corporate purposes," incl🃏uding buying Bᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚitcoin.

In its annual report issued last month, GameStop cautioned investors that it would be subject to the risks that come with investing in Bitcoin and cryptocurrency at large, namely volatile price swings and potential regulatory shifts. The company did not disclose any Bitcoin ownership at the time.

After rising in premarket trading following the news, GameStop shares 💖were down 10% in Wednesday morning trading while the price of Bitcoin was down 1%.