News 
March 27, 2025 
3 min. 
After GameStop revealed its plans to build a Bitcoin reserve, industry experts are speculating that Nintendo might be the next major player to follow suit. With a massive cash reserve of over $14.88 billion, the Japanese gaming giant could make a significant impact on Bitcoin’s market dynamics by adopting a strategy similar to Michael Saylor’s Bitcoin investment approach.
Will Nintendo Dive Into Bitcoin Investments?
Bitcoin investor Joe Consorti recently highlighted that Nintendo holds over $14.8 billion in cash reserves, suggesting that the gaming giant could boost its financial performance by adding Bitcoin (BTC) to its balance sheet.
Publicly traded companies have increasingly adopted this strategy, following the footsteps of Michael Saylor’s Bitcoin investment playbook. One notable success story is Japanese firm Metaplanet, which saw its stock surge by an astounding 2,300% over the past year after implementing a Bitcoin-focused approach.
With the highly anticipated launch of the Nintendo Switch 2 on the horizon, Consorti believes now is the perfect moment for the company to embrace BTC. He even took to Twitter, urging: “It’s a no-brainer, Nintendo.”
Meanwhile, GameStop’s recent move to adopt Bitcoin has sparked mixed reactions. Some market participants remain skeptical, viewing it as a relic of the 2021 meme stock frenzy. In response to Consorti’s suggestion, a user named Yassica argued, “No one takes GameStop seriously. It’s a meme company. No one is looking at them for an example. When a company that isn’t struggling—like Meta—adds BTC to its balance sheet, then people will start paying attention.”
GameStop Unveils Bold Bitcoin Investment Strategy
GameStop (NYSE: GME) stock witnessed an 11.65% rise on Wednesday, adding $1.655 billion to its market capitalization. The surge comes in response to the company’s decision to build a Bitcoin reserve, signalling strong investor enthusiasm for corporations embracing cryptocurrency.
Wasting no time, GameStop announced plans to issue $1.3 billion in convertible senior notes, with the proceeds earmarked for Bitcoin purchases. This move cements the gaming retailer’s deeper entry into the crypto space.
Bitcoin analyst Joe Consorti highlighted that GameStop holds a staggering $4.7 billion in cash—ten times the amount MicroStrategy had when it began its Bitcoin strategy in 2020. He further revealed that the company has secured full board approval to allocate funds from debt and equity raises directly into Bitcoin, reinforcing its commitment to digital assets.
