#GameStopBitcoinReserve

Exciting news for GameStop! The company's board has officially approved adding Bitcoin as a treasury reserve asset. This strategic move, announced alongside a report of increased fourth-quarter profits, signals a forward-thinking approach. GameStop aims to utilize a portion of its cash and potentially future debt or equity to invest in Bitcoin. This decision follows a recent executive order focused on establishing a national cryptocurrency reserve. Investors seem optimistic, as GameStop's shares saw a boost in extended trading after the announcement. This step could mark a new direction for the video game retailer as it explores the digital asset space.