<ul><li>GameStop is buying Bitcoin and allocating a portion of its cash reserves into the cryptocurrency as a treasury reserve asset.</li><li>The move puts GameStop in the same league as Tesla and MicroStrategy, signaling a tech transformation for the retailer.</li><li>Adding Bitcoin to their balance sheet reflects GameStop's attempt to survive in a digital age and gain attention.</li><li>The long-term value of GameStop's Bitcoin investment depends on future tech investments and their transition to a digital-first business.</li></ul>

GameStop Buys Bitcoin as It Tries to Respawn Its Relevance

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