#GameStopBitcoinReserve

GameStop has officially announced that it's adding Bitcoin to its treasury reserves. The company's board of directors unanimously approved this decision, which is part of GameStop's updated investment policy ¹ ² ³.

This move allows GameStop to invest in Bitcoin and U.S. dollar-denominated stablecoins, diversifying its treasury management. As of February 1, 2025, GameStop had $4.77 billion in cash, cash equivalents, and marketable securities ⁴.

While GameStop hasn't disclosed the exact amount of Bitcoin it plans to acquire or when it will start buying, this decision marks a significant shift in the company's strategy. GameStop joins other publicly traded companies like MicroStrategy and Tesla in embracing Bitcoin as a reserve asset ⁵.

The market has reacted positively to this news, with GameStop's stock experiencing a surge following the announcement. This move could attract a new wave of investors and position GameStop as a forward-thinking player in the gaming and financial sectors ⁵.