#GameStopBitcoinReserve

GameStop, the video game company, announced that its board of directors unanimously voted to add Bitcoin to its treasury reserves. GameStop has become a meme stock through its online popularity and association with non-traditional forms of finance. The company said it would use cash, debt, and equity sales to buy Bitcoin.

GameStop further announced that it would also buy stablecoins to embrace a digital future of business and digital money. On February 1, GameStop had nearly $4.8 billion in cash, enough to buy a considerable amount of Bitcoin. However, the company said it didn’t lower how much Bitcoin it could buy.

“On March 25, 2025”, wrote GameStop in their SEC filing, “we announced that, as part of our revisions to the Investment Policy, the Board approved the addition of Bitcoin as a treasury reserve asset, alongside U.S. dollar-denominated stablecoins, to diversify the Company’s investment portfolio… a portion of our cash or future debt and equity issuances may be invested in Bitcoin. We have not set a maximum amount of Bitcoin we may accumulate, and may sell any Bitcoin we may acquire”.