GameStop considers investing in Bitcoin, boosting its stock by nearly 10% in after-hours trading.

GameStop, the video game retailer, is reportedly considering investing in Bitcoin and other cryptocurrencies as part of exploring alternative asset classes. The company's CEO, Ryan Cohen, recently posted a photo with MicroStrategy's Michael Saylor, a major Bitcoin investor. GameStop previously launched but discontinued crypto wallets due to regulatory concerns. The news caused GameStop's stock to rise by nearly 10% in after-hours trading.

5 weeks ago
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