#JELLYJELLYFuturesAlert GameStop's recent decision to invest in Bitcoin has significantly impacted the cryptocurrency market. The company's board approved an update to its investment policy, allowing Bitcoin to become a treasury-reserve asset. This move aligns GameStop with other companies integrating Bitcoin into their financial strategies. Following the announcement, GameStop's stock surged by over 8% in after-hours trading. However, despite this bullish development, the broader cryptocurrency market experienced a decline, with Bitcoin falling 0.9% to $87,015. This fluctuation highlights the volatile nature of cryptocurrency investments.
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