GameStop plans to buy bitcoin with corporate cash, stock rose over 6%

From CNBC: 2025-03-25 16:25:00

GameStop’s board approved a plan to buy bitcoin with corporate cash, similar to MicroStrategy. Stock rose over 6% in extended trading. Following MicroStrategy’s lead, GameStop aims to add cryptocurrencies to its balance sheet, potentially transforming like MicroStrategy into a bitcoin holding vehicle. Stay tuned for more updates.

Read more: GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy