GameStop, Following the Strategy: Bitcoin Declared as a Reserve Asset

GameStop (GME), a US-based video game retail company, has announced its decision to adopt Bitcoin as a treasury reserve asset by updating its investment policy. The company's board unanimously approved this strategy, indicating that Bitcoin will now be included in GameStop's balance sheet.

Under the new policy, part of the company's current cash assets, as well as funds obtained through future borrowing or stock issuance, will be directed towards Bitcoin and USD-backed stablecoins. While GameStop has not set a specific limit on how much Bitcoin it will acquire, it has stated that it may sell its Bitcoin assets when necessary. This strategic move aligns with the growing trend among corporations to evaluate digital assets for reserve management.