#GameStopBitcoinReserve GameStopBitcoinReserve The GameStop board of directors has unanimously approved the addition of Bitcoin as a cash reserve asset, allowing the company to invest in Bitcoin and US dollar-denominated stablecoins.¹ ² ³ This move is part of a revised investment policy that enables GameStop to diversify its cash reserves.

As of February 1, GameStop had $4.7 billion in cash and cash equivalents, which could potentially be invested in Bitcoin and stablecoins. However, the company has not disclosed the maximum amount of Bitcoin it may hold or sell.

GameStop's decision to add Bitcoin to its cash reserves follows in the footsteps of companies like MicroStrategy, which has made significant investments in Bitcoin.⁴ This move could potentially provide GameStop with a new source of revenue and diversify its investment portfolio.