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GameStop’s Bold New Move: Bitcoin as a Reserve Asset

  • GameStop's board unanimously approves the adoption of Bitcoin as a treasury reserve asset.
  • GameStop's shares surged more than 6% in after-hours trading following the announcement.
  • GameStop is following MicroStrategy's approach of accumulating Bitcoin as a corporate asset.
  • GameStop's Bitcoin investment is part of a broader strategy aimed at transforming the company into a leaner, more profitable business.

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