#GameStopBitcoinReserve

GameStop and its Bitcoin reserve:

Key Points:

* Board Approval: GameStop's board of directors has unanimously approved the addition of Bitcoin as a treasury reserve asset. This was announced on Tuesday, March 25, 2025.

* Investment Policy Update: This decision was also disclosed in a Form 10-K filing with the Securities and Exchange Commission (SEC).

* Allocation of Funds: GameStop stated that a portion of its cash or future debt and equity issuances may be invested in Bitcoin.

* No Maximum Amount: The company has not set a maximum limit on the amount of Bitcoin it may accumulate.

* Strategic Move: This move is part of a broader strategy by GameStop CEO Ryan Cohen to revitalize the company's business, which has been facing challenges in its traditional retail operations.

* Financial Performance: GameStop also reported a significant increase in its fourth-quarter net income, driven by cost-reduction efforts and improved sales of video game hardware and merchandise.

* Following Others: GameStop's decision to invest in Bitcoin follows the example of other companies that have added Bitcoin to their treasury reserves.

In summary, GameStop is now adding Bitcoin to its treasury reserves as part of a strategic move to adapt to the evolving market and potentially improve its financial position.