Bitcoin Magazine
GameStop Approves Adding Bitcoin to Treasury Reserves
GameStop Corp. (NYSE: GME) announced that its board of directors has unanimously approved an update to the company’s investment policy, allowing Bitcoin to be held as a treasury reserve asset. The decision follows a series of engagements between GameStop Chairman and CEO Ryan Cohen and prominent figures like Michael Saylor in the Bitcoin industry.
JUST IN: GameStop $GME to buy Bitcoin as a Treasury Reserve Asset.
They currently hold $4.75 billion in cash pic.twitter.com/hBCK0N44mD
— Bitcoin Magazine (@BitcoinMagazine) March 25, 2025
On February 8, Cohen met with Strategy Chairman and well-known Bitcoin advocate Michael Saylor, sparking speculation that GameStop may be adding BTC to its balance sheet. A couple weeks after, Cohen responded to CoinDesk via a tweet stating “Letter received.” after receiving a letter from Strive Asset Management CEO Matt Cole, which urged GameStop to adopt Bi
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