GameStop CEO Ryan Cohen shared on CNBC that the company has invested over $500 million in Bitcoin as a hedge against inflation and global money printing.

He emphasized that GameStop is not aiming to emulate MicroStrategy’s Bitcoin-heavy strategy but is pursuing its own approach. With over $9 billion in cash and securities, Cohen stated that the company will deploy capital cautiously, focusing on low-risk, high-reward opportunities.

#USCryptoWeek