With bitcoin as a treasury reserve asset, GameStop joins the list of companies looking to reap the benefits of a crypto-friendly Trump administration. This includes Strategy, Robinhood Markets Inc.

Struggling video game retailer GameStop announced plans to add bitcoin as a Treasury reserve asset after the bell on Tuesday.

In a short statement, GameStop (GME) said its board has unanimously approved an update to its investment policy to add bitcoin (BTCUSD) as a treasury reserve asset. The move was not completely out of ...

It also posted a rise in fourth-quarter profit, helped by the videogame retailer's efforts to reduce costs and a faster ...

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