GameStop’s results came out today, nothing more to it.
But we’ll be back at it soon, @Verneri_Pulkkinen:
GameStop plans to invest its cash reserves in Bitcoin, similar to MicroStrategy. The news boosted the company’s stock price by 6 percent.
The company can reportedly also use its future funds for cryptocurrencies, but that brings the risk of price fluctuations. Oh, and GameStop reported more than doubling its quarterly profit, which pleased investors.
https://www.cnbc.com/2025/03/25/gamestop-says-it-will-add-bitcoin-as-a-treasury-reserve-asset.html