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GameStop Embraces Bitcoin Treasury Strategy Like MicroStrategy

  • GameStop has added Bitcoin to its treasury reserves, following in the footsteps of MicroStrategy.
  • The company plans to invest a portion of its cash reserves and potentially use future debt or equity to buy Bitcoin.
  • GameStop's move is influenced by MicroStrategy's Executive Chairman Michael Saylor and GameStop Chairman Ryan Cohen being spotted together in February.
  • This move signifies the growing adoption of Bitcoin as a mainstream corporate store of value.

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