GameStop adds 4,710 BTC to its treasury reserves following its March decision to hold Bitcoin as a reserve asset.
The move signifies GameStop's strategic shift towards financial innovation amidst challenges in the gaming industry.
Bitcoin trades just 2.7% below its all-time high, with resistance near $110K, as GameStop's purchase may contribute to a potential push towards new highs.
Analysts predict Bitcoin to reach $180K-$200K in 2025, citing historical cycles and bullish technical indicators.