#GameStopBitcoinReserve

GameStop has officially announced that it will add Bitcoin to its treasury reserves, following the unanimous approval of its board of directors.¹ ² ³ This move is part of the company's updated investment policy, which also includes acquiring dollar-pegged stablecoins.

So far, GameStop holds approximately $4.7 billion in cash, and the company has not disclosed the specific amount it plans to invest in Bitcoin. Nevertheless, this move is considered a strategic decision to diversify its investment portfolio and maximize shareholder value.⁴

GameStop's decision to invest in Bitcoin follows the footsteps of other companies such as MicroStrategy and Tesla, which have already added Bitcoin to their treasury reserves. This move has also boosted the price of GameStop's stock, which rose by about 6% in after-hours trading.