federicorivi on Nostr: New business model unlocked by Saylor. Are you going bankrupt? Take attention away ...

New business model unlocked by Saylor.

Are you going bankrupt? Take attention away from the fact that you're just another Blockbuster by buying #Bitcoin

quoting note1y20…8n77

👀 GameStop prepares to invest in Bitcoin: added to treasury assets

GameStop has updated its investment policy to include Bitcoin among its treasury reserve assets. The announcement came alongside financial results that exceeded expectations.

The decision follows a meeting between CEO Ryan Cohen and Michael Saylor, president of Strategy. However, GameStop has not yet purchased bitcoin nor set a maximum limit for potential future acquisitions.

With $4.775 billion in cash and marketable securities, the company may use its own funds or issue debt and equity for potential future purchases.

Atlas21’s article. ⬇️

https://atlas21.com/gamestop-follows-strategy-bitcoin-added-to-treasury-assets/