- Gamestop announced that its board of directors added Bitcoin as a financial asset.
- The video game operator shared the news through the press release on Tuesday, March 25, 2025.
- Bitcoin prices rose to more than $ 88K at the time of writing.
GAMESTOP, a publicly traded video game operator, announced that it will add BTC (Bitcoin) to the Treasury Preliminary Asset.
The New York Stock Exchange listed company, where GME became a popular MEME stock, announced a director in a press release on Tuesday.
Gamestop to buy Bitcoin
According to the announcement, GAMESTOP’s board of directors unanimously approved the decision to update the company’s investment policy in order to allow BTC adoption.
The company has joined many others to jump into Bitcoin as a traffic preliminary asset vague with Tesla and strategy. The latter was previously the world’s largest company’s owner of Microstrategy.
Gamestop’s big announcement will follow the company’s 4Q earnings report after BELL on March 25, 2025. But it’s been about a month since the initial report that video game operators suggested that they are investigating encryption. The speculation at the time was that the company was considering adding a BTC to the loan table.
At the time, most of the fuel of this story wrote a hinge on the posts of Gamestop chief executive Ryan Cohen.
In the image shared in X, Cohen was with the strategic founder and president of Michael Saylor.
As mentioned above, SAYLOR’s AI’s AI drive business intelligence solution provider has the largest transport of BTC by a company. Following the latest purchase, the strategy has more than 506,000 Bitcoin and has been acquired more than $ 33.7 billion.
Bitcoin has been nearly $ 88,200 at the time of writing, flat for the last 24 hours, but has increased almost 8% last week. Meanwhile, GAMESTOP stock
Gamestop (GME) stocks increased by 6% in extra time, reaching $ 26.82.