menu
techminis

A naukri.com initiative

google-web-stories
source image

TheCryptoBasic

3w

read

194

img
dot

Image Credit: TheCryptoBasic

GameStop Finally Adopts Bitcoin Strategy Amid Policy Change

  • American video electronics and gaming retailer GameStop is planning to add Bitcoin to its balance sheet.
  • GameStop recently disclosed the decision to add Bitcoin and dollar stablecoins in an investment policy update.
  • The firm did not reveal the exact amount they intend to invest in Bitcoin but had $4.75 billion in cash reserves as of February 1.
  • Upon the announcement, GameStop's share price rose 11% pre-market, reaching as high as $28.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app