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GameStop (GME) board adds Bitcoin as an approved treasury reserve asset

The move was unanimously approved by GameStop's board.

Ozzie Mejia

March 25, 2025 1:44 PM

Gerd Altmann from Pixabay

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GameStop is about to get into the Bitcoin game. As part of its Q4 2024 earnings report, GameStop announced that it has approved a plan to buy Bitcoin and add it as a treasury reserve asset. The plan was unanimously approved by the GameStop board.

An announcement regarding Bitcoin pic.twitter.com/gG8JRarIok

— GameStop (@gamestop) March 25, 2025

GameStop's move into Bitcoin has been speculated on for the past few weeks. CNBC first reported that the company had been considering crypto investments back in February. There does not appear to be evidence that Bitcoin was purchased during the last financial quarter, so any Bitcoin purchase and fallout from that would be indicated on the next quarterly earnings report.

GameStop finished the Tuesday, March 25 trading day down $0.21/share. The stock has risen modestly in after-hours trading following the Bitcoin announcement.

There's more to say about Tuesday's GameStop (GME) Q4 2024 earnings report. Keep it here on Shacknews for the latest updates.

Ozzie Mejia

Senior Editor

Ozzie has been playing video games since picking up his first NES controller at age 5. He has been into games ever since, only briefly stepping away during his college years. But he was pulled back in after spending years in QA circles for both THQ and Activision, mostly spending time helping to push forward the Guitar Hero series at its peak. Ozzie has become a big fan of platformers, puzzle games, shooters, and RPGs, just to name a few genres, but he’s also a huge sucker for anything with a good, compelling narrative behind it. Because what are video games if you can't enjoy a good story with a fresh Cherry Coke?