#GameStopBitcoinReserve
This strategic shift allows the company to invest a portion of its cash or future financial resources into Bitcoin, without specifying a maximum limit. The decision aligns GameStop with other firms like Strategy (formerly MicroStrategy), known for substantial Bitcoin holdings. Following the announcement, shares surged by 11.6% to $28.35, reflecting renewed investor interest. Additionally, the company reported a fourth-quarter net income of $131.3 million, despite a 30% decline in net sales to $1.28 billion. without specifying a maximum limit. The decision aligns GameStop with other firms like Strategy (formerly MicroStrategy),