GameStop Joins the Bitcoin Revolution!
In a bold move, GameStop Corp. has officially announced that its board has approved adding Bitcoin (BTC) as a treasury reserve asset. This strategic decision comes after discussions between CEO Ryan Cohen and Bitcoin advocate Michael Saylor, signaling GameStop’s confidence in Bitcoin’s long-term value.
Following the announcement, GameStop’s stock saw a strong surge in after-hours trading. The company also reported a doubling of net profit in Q4, showcasing financial strength even as revenue declined.
GameStop now joins a growing list of companies integrating Bitcoin into their corporate balance sheets, further solidifying Bitcoin’s role in mainstream finance.
Stay tuned — this could just be the beginning of more institutional adoption in 2025!