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GameStop (GME) to Add Bitcoin as a Treasury Reserve Asset

GameStop (GME) announced it will add Bitcoin (BTC) as a treasury reserve asset, following a unanimous board approval of an updated investment policy.

This decision, revealed in GameStop's Q4 2024 update, allows investments in certain cryptocurrencies, including Bitcoin and stablecoins, but acknowledges associated risks.

The news follows previous speculation about GameStop's crypto interest and has already caused a rise in GME stock price, although the impact of slightly lower-than-expected Q4 earnings remains to be seen. Show Less

https://watcher.guru/news/gamestop-gme-to-add-bitcoin-as-a-treasury-reserve-asset
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