👀 GameStop prepares to invest in Bitcoin: added to treasury assets
GameStop has updated its investment policy to include Bitcoin among its treasury reserve assets. The announcement came alongside financial results that exceeded expectations.
The decision follows a meeting between CEO Ryan Cohen and Michael Saylor, president of Strategy. However, GameStop has not yet purchased bitcoin nor set a maximum limit for potential future acquisitions.
With $4.775 billion in cash and marketable securities, the company may use its own funds or issue debt and equity for potential future purchases.
Atlas21’s article. ⬇️
https://atlas21.com/gamestop-follows-strategy-bitcoin-added-to-treasury-assets/
atlas21 / Atlas21
npub179…kt45f
2025-03-26 11:42:08
Author Public Key
npub179ud6qjecennnypk4ntphmvdrmtvaqlkgd6x7jsrmjr25hfttlmqpkt45fPublished at
2025-03-26 11:42:08Event JSON
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"content": "👀 GameStop prepares to invest in Bitcoin: added to treasury assets\n\nGameStop has updated its investment policy to include Bitcoin among its treasury reserve assets. The announcement came alongside financial results that exceeded expectations.\n\nThe decision follows a meeting between CEO Ryan Cohen and Michael Saylor, president of Strategy. However, GameStop has not yet purchased bitcoin nor set a maximum limit for potential future acquisitions.\n\nWith $4.775 billion in cash and marketable securities, the company may use its own funds or issue debt and equity for potential future purchases.\n\nAtlas21’s article. ⬇️\n\nhttps://atlas21.com/gamestop-follows-strategy-bitcoin-added-to-treasury-assets/",
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