GameStop Finally Adopts Bitcoin Strategy Amid Policy Change
American video electronics and gaming merchandise retailer GameStop is set to add Bitcoin to its balance sheet.Following the success of Strategy, formerly MicroStrategy, more and more firms are jumping on the Bitcoin treasury strategy bandwagon. The latest to confirm plans to do so is the popular video game retailer GameStop.An Investment Policy Update to Welcome BitcoinGameStop is set to add Bitcoin to its balance sheet. The firm disclosed this in an investment policy update released alongside its fourth-quarter earnings report on Tuesday, March 25. Specifically, GameStop asserted that its board had unanimously approved an investment policy update to add Bitcoin as a treasury asset. Its Q4 earnings report further noted that the recent investment policy update also included dollar stablecoins.
Text source: The Crypto Basic
