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A significant step by adding Bitcoin to cash reserve assets. This decision was unanimously approved by the company's board of directors, representing a notable shift in their investment strategy ¹ ² ³. As part of this initiative, GameStop may allocate a portion of its cash or future debt offerings to debts and stocks for investments in Bitcoin. However, the company has not set a limit on the amount of Bitcoin it could acquire, and it may sell any Bitcoin it purchases ³. This announcement coincides with the release of GameStop's results for the fourth quarter and fiscal year 2024, which showed a decline in revenue but an increase in net income ⁴ ³. The company's stock price rose by more than 7% in after-hours trading following the news ⁴. GameStop joins other public companies, such as MicroStrategy, Tesla, and Block, in adopting Bitcoin as a cash reserve asset ². This initiative reflects the growing trend of companies exploring alternative investments and hedging against inflation.