GameStop adds Bitcoin to treasury with unanimous board approval.
GameStop will use a portion of its cash reserves, and potentially future debt or equity, to invest in Bitcoin.
GameStop, the video game retailer and original meme-stock company, has officially announced that its board has unanimously approved adding Bitcoin as a treasury reserve asset, as per its press release on March 25th. This means GameStop will start using some of its corporate cash—possibly even future debt or equity—to invest in Bitcoin.
The decision follows a growing trend among public companies adopting Bitcoin as part of their financial strategy. A major influence seems to be Strategy (formerly MicroStrategy), the biggest corporate holder of Bitcoin. CEO Ryan Cohen even fueled speculation when he was seen with Strategy’s Executive Chairman, Michael Saylor, at Donald Trump’s Mar-a-Lago estate in February. Shortly after, Strive Asset Management urged GameStop to use its $5 billion cash rese
We współpracy z: https://thenewscrypto.com/gamestop-adopts-bitcoin-treasury-strategy-echoing-microstrategy/
