GameStop Announces Update to its Investment Policy to Add Bitcoin as a Treasury Reserve Asset

Rhea-AI Impact

(High)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

GameStop (NYSE: GME) has announced a significant shift in its investment strategy as its board unanimously approved an update to the company's investment policy to include Bitcoin as a treasury reserve asset. The decision, announced from the company's headquarters in Grapevine, Texas on March 25, 2025, marks GameStop's entry into cryptocurrency holdings as part of its treasury management strategy.

Positive

Board unanimously approved Bitcoin addition to treasury reserves, showing strong corporate alignment
Strategic move into cryptocurrency diversifies treasury holdings

Negative

No specific details provided on investment amount or implementation timeline
Exposure to Bitcoin's price volatility could impact treasury stability

News Market Reaction 1 Alert

+11.65% News Effect

On the day this news was published, GME gained 11.65%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

03/25/2025 - 04:06 PM

GRAPEVINE, Texas, March 25, 2025 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that its board has unanimously approved an update to its investment policy to add Bitcoin as a treasury reserve asset.

Contact

GameStop Investor Relations
817-424-2001
ir@gamestop.com

FAQ

What does GameStop's Bitcoin treasury reserve announcement mean for GME investors?

The announcement indicates GameStop will hold Bitcoin as part of its treasury reserves, potentially diversifying its asset holdings and exposing shareholders to cryptocurrency market movements.