** Shares of videogame retailer GameStop GME.N rise 4% to $22 in premarket trade
** CEO Ryan Cohen purchases 500,000 shares of GME on Thursday
** Cohen now has a stake of 8.4% in GME as of April 3
** Last month, GME said its board has approved the addition of bitcoin as a treasury reserve asset
** Up to last close, GME has fallen 32% YTD; it jumped 78% last year
(Reporting by Zaheer Kachwala in Bengaluru)
((Zaheer.Kachwala@thomsonreuters.com))
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