<ul><li>GameStop's board of directors has decided to add Bitcoin to its reserve assets, following other companies like MicroStrategy.</li><li>GameStop holds a substantial amount of cash reserves, with $4.8 billion in cash and cash equivalents, enabling it to invest in cryptocurrencies and diversify its treasury reserves.</li><li>GameStop acknowledges the risks associated with Bitcoin, including market manipulation, volatility, and security vulnerabilities, but continues to evaluate the performance benefits of its investment strategy.</li><li>The announcement of GameStop's Bitcoin investment led to a 12% surge in its stock prices, indicating investor optimism.</li></ul>

GameStop’s Bold Move: Bitcoin Added as Treasury Asset, Stock Surges

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