Gamestop shares rise after Bitcoin in the reserve

Gamestop, the electronics retail company, announced today that it will update its investment policy to include Bitcoin in the cabinet reserves. This step seems to have had a positive impact on the company’s shares, as American Gamestop shares increased by 6.30 % after the market hours, and now trading at $ 25.40.

Gamestop Bitcoin includes in the reserve

Announcement regarding bitcoin pic.twitter.com/gg8jraiok

– Gamestop (Gamestop) March 25, 2025

According to the company’s report, “The investment policy in the company allows investments in some cryptocurrencies, including Bitcoin and Stablecoins in US dollars. If the company gets Bitcoin or the US dollar Stablecoins, the company will have specific risks associated with bitcoin or Stablecoins; and the company’s ability to report effective financial reports.”

Microstrategy CEO Michael Celor agreed to say, “A step in the right direction.”

More Bitcoin companies depend as part of their cabinet diversification strategies. Recently, the giant T Jan Kubicek, a member of the Czech National Bank Board of Directors, has raised concerns about the legal uncertainty and fluctuations surrounding Bitcoin.

As for Bitcoin, it will be currently being traded at 87,950.89 dollars, after it rose by more than 1.43 %. In addition, the market value of Bitcoin is 1.74 trillion dollars.

Also read: South Korea: Don’t consider Bitcoin in foreign exchange reserves

Written by Rito Lavania

Ritu Lavania is a multi -use Web3 content creator with more than three years experience in the encryption space. It is part of the team in Cryptonewsz, where you write insightful and attractive content. She also contributed to Thecryptotimes and Coin Edition, where her work was well received by the encryption community. Maher in research, creative writing, senior economic officials, and job cooperation, creating content specifically designed for a varied audience. Population of education, devotes time to teaching children and expressing themselves through poetry. It always yearns for learning, constantly exploring new trends in Blockchain origin and digital assets. It strongly believes in telling stories to make complex encryption themes easier and attractive to readers all over the world.