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GameStop Joins Corporate Bitcoin Frenzy, Bitcoiners Laud Company's Business Evolution

Joins Corporate Bitcoin Frenzy
International Business Times Fews App News Provider
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GameStop has evolved from a gaming retailer to a meme stock leader, and now, a corporate Bitcoiner. AFP KEY POINTSGameStop said its board approved a Bitcoin treasury strategy that will expand its investment portfolio to include $BTCPopular Bitcoiners, including Strategy's Michael Saylor, praised GameStop's decisionGameStop has had multiple downturns in recent years amid a decline in demand for used gamesGaming retailer and meme stock leader GameStop has just joined the list of publicly listed companies that adopted a Bitcoin treasury strategy, paving the way for the company to get a bite from the growing corporate BTC holder market. In a rather short press release, the company said that on Tuesday its board "unanimously approved an update to its investment policy to add Bitcoin as a treasury reserve asset.

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