#BinanceEarnYieldArena #GameStopBitcoinReserve
GameStop Joins Bitcoin Treasury Wave: Key Takeaways for Crypto Investors
Corporate Bitcoin Adoption
GameStop’s board unanimously approved adding Bitcoin as a treasury reserve asset, mirroring MicroStrategy’s playbook. The retailer holds $4.6–4.8B in cash and plans to allocate a portion (or future debt/equity issuances) to BTC and stablecoins, with no maximum purchase limit.
💰 Financial Impact
Stock surge: Shares jumped 6–7% after-hours and 16% premarket post-announcement.#GameStopBitcoinReserve
GameStop Joins Bitcoin Treasury Wave: Key Takeaways for Crypto Investors
Corporate Bitcoin Adoption
GameStop’s board unanimously approved adding Bitcoin as a treasury reserve asset, mirroring MicroStrategy’s playbook. The retailer holds $4.6–4.8B in cash and plans to allocate a portion (or future debt/equity issuances) to BTC and stablecoins, with no maximum purchase limit.
💰 Financial Impact
Stock surge: Shares jumped 6–7% after-hours and 16% premarket post-announcement.