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GameStop Announces Bitcoin Reserve Strategy as it Releases Earning Report for Q4

  • GameStop announced adding Bitcoin to its treasury reserves and embracing digital money.
  • The company plans to use cash, debt, and equity sales to buy Bitcoin and stablecoins.
  • GameStop's earnings for Q4 2024 missed revenue expectations, but net income increased due to cost-cutting measures.
  • The move to adopt Bitcoin may be part of GameStop's strategy to embrace new technologies and remain agile in a changing market.

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