#GameStopBitcoinReserve
Bitcoin officially enters the world
The company announced an update to its investment policy to include
as part of its cash reserves, after unanimous approval from the board of directors.
The step aims to diversify assets and keep up with shifts in modern financial markets.
Coinciding with the announcement, $GME stock jumped by 7% in after-hours trading.
It is noteworthy that major companies like Strategy have taken similar steps in the past, reflecting the accelerating pace of Bitcoin adoption as a store of value within institutions.
Bitcoin is getting closer to the heart of the traditional financial system.
