GAMESTOP (GME) has added its name to the list of listed companies by adopting a Bitcoin cash strategy.
In addition to its report on the results of the fourth quarter, the company declared that its board of directors had unanimously approved the addition of Bitcoin as a reserve asset of the Treasury.
CEO Ryan Cohen in early February had languages stirred when he published a photo of himself and the executive president of the strategy (MSTR), Michael Saylor, at the Mar-A-Lago by Donald Trump.
Several days later, the CEO of Strive Asset Management, Matt Cole, sent a letter to Cohen urging GME to use at least part of his almost $ 5 billion in cash to buy Bitcoin. Co-founded by Vivek Ramaswamy, Strive owns GME via SES ETF.
“We believe that Gamesop has an incredible opportunity to transform its financial future by becoming the first Bitcoin cash company in the game sector,” wrote Cole.
Cohen also raised his eyebrows when he tweeted “letter was received”.
GME shares increased 5.7% after negotiation hours. Bitcoin won slightly on news, now negotiating $ 88,500, ahead of about 0.2% compared to 24 hours ago.
