GameStop has officially made its first cryptocurrency investment. In 2021, a short squeeze of GameStop's stock became one of the biggest topics in the world. The largest video game retailer in the world doesn't have another phenomenon on its hands,

By investing in Bitcoin, GameStop doubles down on its outsider identity. Discover how this decision resonates with crypto values and what it could mean for corporate treasury trends.

GameStop (GME) has just added a massive amount of Bitcoin (BTC) to its balance sheet as a treasury reserve asset.

GameStop's shares jumped nearly 3% after the company revealed a massive $512.6 million investment in Bitcoin, marking a significant shift towards cryptocurrency under CEO Ryan Cohen.