#GameStopBitcoinReserve GameStop has made a significant move by adding Bitcoin to its treasury reserves. This decision was unanimously approved by the company's board of directors, and it's a strategic shift in their investment policy ¹ ².

The company plans to use existing cash or future debt and equity offerings to invest in Bitcoin, although the specific purchase amounts remain undisclosed. This move is seen as a way to hedge against financial instability and inflation, and it's a sign that GameStop is thinking outside the box ³.

GameStop's stock price surged over 15% in pre-market trading after the announcement, indicating that investors are optimistic about this new strategy ¹ ⁴. The company has been exploring digital assets for some time, having previously launched an NFT marketplace and a crypto wallet service, although these initiatives were scaled back due to regulatory uncertainty ¹.

It's worth noting that GameStop is not the only company investing in Bitcoin. Other companies like MicroStrategy and Tesla have also added Bitcoin to their treasury reserves, and this trend is expected to continue as more companies seek to diversify their holdings and hedge against financial risk ³.