#GameStopBitcoinReserve

GameStop's board of directors has unanimously approved adding Bitcoin as a treasury reserve asset, allowing the company to invest in Bitcoin and US dollar-denominated stablecoins.¹ ² ³ This move is part of an updated investment policy that enables GameStop to diversify its treasury reserves.

As of February 1, GameStop holds $4.7 billion in cash and cash equivalents, which could potentially be invested in Bitcoin and stablecoins. However, the company hasn't disclosed the maximum amount of Bitcoin it may acquire or sell.