GameStop, an American video game retailer, has approved an updated investment policy that incorporates Bitcoin into its reserve assets. Following this news, GameStop's stock price rose by about 8% in after-hours trading. The company plans to finance its Bitcoin strategy through a $1.3 billion convertible senior note issuance. In its latest 10-K filing, GameStop stated that it may invest a portion of its cash, debt, or equity financing proceeds into Bitcoin in the future, with no set limit on Bitcoin holdings, and it may sell its Bitcoin holdings. This move puts GameStop among a growing number of companies that are accepting cryptocurrencies at the corporate level, reflecting increasing corporate confidence in Bitcoin as a store of value.