#GameStopBitcoinReserve GameStop announced that its board has unanimously approved the acquisition of Bitcoin and stablecoins as treasury reserve assets. According to its Q4 financial report, the company has made changes to its investment policy, allowing the acquisition of certain crypto assets.

"The Company's investment policy permits investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar-denominated stablecoins," the report stated.

GameStop also reported holding $4.7 billion in cash and cash equivalent as of February 1. The company did not report an estimate for its digital assets purchase but could follow in the footsteps of Strategy, which is the largest corporate holder of Bitcoin.