#GameStopBitcoinReserve GameStop has announced plans to invest a portion of its cash reserves in Bitcoin, following a unanimous board decision to adopt the cryptocurrency as a treasury reserve asset. This move aligns GameStop with companies like Strategy (formerly MicroStrategy), which have integrated Bitcoin into their financial strategies. The decision comes after Strive Asset Management's CEO, Matt Cole, proposed that GameStop convert its substantial cash holdings into Bitcoin to hedge against inflation and enhance shareholder value. Following the announcement, GameStop's stock experienced a notable uptick, reflecting investor optimism about this strategic shift.