Gamestop Considering Bitcoin Purchase, Along With Group of Altcoins: Report

Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report.

The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC.

Gamestop (GME) shares are up about 5.5% in the last week – rising after the firm’s CEO Ryan Cohen posted a picture of himself alongwide Strategy (MSTR) founder and Bitcoin firebrand Michael Saylor.

According to an unnamed source close to the company, Gamestop is in the early stages of exploring crypto asset adoption and could very well reject the idea.

Gamestop launched a crypto wallet in 2022 but later terminated the service due to regulatory uncertainty.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney