🚀 GameStop to Invest in Bitcoin!

GameStop’s board has unanimously approved using Bitcoin as a reserve asset. The company may invest part of its funds, future debt, or equity into Bitcoin and USD-pegged stablecoins, with no set cap on purchases. 💰

Under Ryan Cohen’s leadership, GameStop has been focusing on cost-cutting and operational efficiency to boost profitability. Following the announcement, GME shares jumped over 9% in after-hours trading. 📈

Notably, Jim Cramer has commented (https://x.com/ryancohen/status/1904658074058531304) that GameStop is finally adopting the BTC strategy he advised, though the CEO isn’t thrilled. 😁 Remember, Cramer is known for his contrarian forecasts. 👀

Gamestop is finally doing my bitcoin ploy!!