GME

GameStop: bitcoin as a reserve asset

The company announced that it will add Bitcoin as a reserve asset and invest in selected cryptocurrencies, including dollar-pegged stablecoins.

By the SpyStocks desk · 1y ago · 1 min read

⚡️⚡️⚡️⚡️⚡️⚡️ Breaking ▶️

🎮 GameStop ($GME) enters the crypto world: adding Bitcoin as a reserve asset in the company's treasury 💸

GameStop makes a bold move and changes strategic direction: the company announced it will add Bitcoin as a reserve asset to its treasury.

In addition, it updated its investment policy to allow it to invest in selected cryptocurrencies, including Bitcoin and dollar-pegged stablecoins (stablecoins pegged to the dollar).

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