#GameStopBitcoinReserve The hashtag **#GameStopBitcoinReserve** refers to GameStop's initiative involving Bitcoin and cryptocurrency services. Here’s what you need to know:

### **GameStop’s Bitcoin Reserve (2023)**

- In May 2023, GameStop announced the launch of a **non-custodial cryptocurrency wallet** and a **Bitcoin Reserve** feature, allowing users to buy, store, and trade Bitcoin and other cryptocurrencies.

- The service was integrated into GameStop’s **self-custody crypto wallet**, emphasizing user control over private keys (non-custodial = users hold their own keys).

- The move was seen as part of GameStop’s broader pivot toward **Web3, NFTs, and blockchain gaming** under former CEO **Matt Furlong** (who later left the company in mid-2023).

### **Current Status (2024)**

- GameStop has since **scaled back** its crypto/NFT efforts, shutting down its NFT marketplace in early 2024.

- The **GameStop Wallet** (which supported Bitcoin and Ethereum) was **discontinued** in late 2023, but users were given time to export their keys.

- The **#GameStopBitcoinReserve** hashtag still circulates among crypto and meme-stock enthusiasts, particularly those linking GameStop to **Bitcoin maximalism** or **anti-establishment financial movements**.

### **Community Reactions**

- Some **r/Superstonk** (GameStop investor community) members speculate about a potential future Bitcoin play by GameStop, possibly as a treasury reserve (similar to **MicroStrategy**).

- Others see it as a relic of GameStop’s short-lived crypto phase before refocusing on core retail/gaming business.

### **Key Takeaways**

- GameStop **did** briefly embrace Bitcoin but has since exited most crypto-related ventures.

- The hashtag remains popular among **crypto and meme-stock traders**, often tied to **#Bitcoin** or **#MOASS** (Mother of All Short Squeezes) discussions.

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