$BTC $BTC #bitcoin #investbtc GameStop Invests in Bitcoin

GameStop Corp., the video game retailer known for its meme stock status, has announced the adoption of Bitcoin as a treasury reserve asset. This decision received unanimous approval from the company's board and aligns GameStop with other corporations like MicroStrategy that have integrated Bitcoin into their financial strategies. Following the announcement, GameStop's stock experienced an 8% rise in extended trading.

Bitcoin Price Movement

In the past 24 hours, Bitcoin's price has seen a modest increase of approximately 0.74%, reaching around $88,091.19 USD. Despite this uptick, Bitcoin remains down over 5% for the year.