GameStop Eyes Bitcoin Investment: Will $4.6 Billion Cash Pile Fuel Crypto Push?
2025-02-14
Fortune on MSN.com
GameStop CEO Ryan Cohen is sparking speculation about a potential Bitcoin investment, as the gaming retailer considers allocating part of its $4.6 billion cash reserve to buy BTC coins. With cryptocurrency prices surging after the US election, a move into Bitcoin could be a strategic play for GameStop. As the retail landscape evolves, investing in digital assets like cryptocurrency and blockchain technology could be a key growth driver. With Bitcoin's value on the rise, GameStop's potential investment could be a savvy move to stay ahead in the market.
