Growing Trend Of Companies Pursuing BTC Strategy
The letter follows previous reports from that GameStop is considering investing in alternative assets, including bitcoin and cryptocurrencies.
The suggestion in the letter aligns with moves already made by companies like MicroStrategy, Semler Scientific, and MARA Holdings. Cole praised GameStop for closing unprofitable stores and publicly rejecting diversity, equity, and inclusion (DEI) programs.
Bitcoin has risen slightly on the news, now trading at $88,500, up about 0.2% from 24 hours ago.