It’s already official: GameStop Shareholders Committee approved the establishment of Bitcoin (BTC) as a reserve asset for the Ministry of Corporate Finance.
As Cryptonoticia communicated yesterday, the announcement does not detail the exact amount the company plans to invest in BTC or the acquisition schedule. Anyway, that’s known GameStop has a $4.6 billion investment.
If the company decides to devote 100% of its money to BTC, it will be the second public company in the Ministry of Finance with more Bitcoin.
It is not uncommon to think that such a thing could happen. Please note that GameStop Director Ryan Cohen held at least one meeting with MaxixAlist Bitcoiner Michael Saylor, CEO of Strategy (a public contribution company with more bitcoin at the Ministry of Finance).
These novelties and speculations about how much money Gamestop can invest in Bitcoin will inspire the stock market.
GameStop’s Action (GME) started the day from a bullish gapQuote it is over $28. This represents an increase of over 15% over the last 24 hours, as shown in the graph below.
These facts will be especially careful if they were considered only a few years ago. GameStop was considered “meme action” Its only function was to guess or lose at its price. It is clear that Bitconner’s strategy is becoming increasingly prominent at the heart of the financial scene.
(tagstotranslate)bitcoin(btc)
