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GameStop adds Bitcoin as a treasury reserve asset

  • GameStop, the publicly-traded video game operator, has announced that it’s adding Bitcoin (BTC) as a treasury reserve asset.
  • The announcement comes after GameStop's board approved the decision to update the company's investment policy to allow for the adoption of BTC.
  • This move follows similar actions by other companies such as Tesla and Strategy, making Bitcoin a popular choice as a treasury reserve asset.
  • At the time of the announcement, Bitcoin price was above $88,000.

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