Gamestop agrees to the Bitcoin (BTC) purchase plan as a cabinet reserve
Gamestop is preparing to add Bitcoin to its public budget as the original cabinet reserve.
The retail video games, which became a viral sense among retail dealers in 2021, announced that its council had unanimously agreed to this step.
In new SEC files, Gamestop He says This step is part of the company’s strategy to use liquidity to increase the value of shareholders.
“On March 25, 2025, we announced that, as part of our review of the investment policy, the Board of Directors agreed to add Bitcoin as the asset of the treasury reserve, along with the intended Stablecoins in the US dollar, to diversify the investment portfolio in the company … we may sell any of our money. Bitcoin we may get.”
Gamestop follows, which has about $ 4.76 billion in cash, companies like Microstrategy and Tesla.
CEO Ryan Cohen alluded to this plan for several months, and today’s announcement raised a 6 % bumpy at the company’s share price.
Bitcoin price is $ 87,914 at publication time, an increase of 1.2 % in the past 24 hours.
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