#GameStopBitcoinReserve GameStop Adopts Bitcoin as Treasury Asset! 🟠

GameStop (NYSE: GME) has updated its investment policy to hold Bitcoin as a treasury reserve asset, joining firms like Tesla & Block. 📈 As of Feb 1, 2025, it held $4.76B in cash, but hasn’t disclosed how much will go into BTC. The company has no cap on Bitcoin purchases & may sell as needed.

💰 Market Impact:

📌 GME stock surged 6%+ after hours to ~$25.40.

📌 Bitcoin saw a modest uptick to ~$87,492.

With this move, GameStop could become a major Bitcoin treasury firm in gaming! 🎮🔥 #Bitcoin #GameStop