
KEY POINTS
- GameStop said its board approved a Bitcoin treasury strategy that will expand its investment portfolio to include $BTC
- Popular Bitcoiners, including Strategy's Michael Saylor, praised GameStop's decision
- GameStop has had multiple downturns in recent years amid a decline in demand for used games
Gaming retailer and meme stock leader GameStop has just joined the list of publicly listed companies that adopted a Bitcoin treasury strategy, paving the way for the company to get a bite from the growing corporate BTC holder market.