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
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
