#GameStopBitcoinReserve On March 25, 2025, GameStop Corp. (NYSE: GME) announced that its board of directors unanimously approved an update to the company's investment policy to include Bitcoin as a treasury reserve asset.

Key Points:

Investment Policy Update: The revised policy permits GameStop to invest a portion of its cash or future debt and equity issuances in Bitcoin. The company has not specified a maximum amount for potential Bitcoin holdings and may adjust its holdings as deemed appropriate.

Financial Position: As of the end of the fourth quarter, GameStop reported cash and cash equivalents totaling $4.76 billion.

Market Reaction: Following the announcement, GameStop's stock experienced an after-hours surge of over 8%.