New Bitcoin strategy: Will GameStop explode?

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New Bitcoin Strategy: Will GameStop Explode?* GameStop plans to replicate Bitcoin Strategy

  • Will the meme stock GME explode like Metaplanet and MSTR?

On Tuesday, the board of directors of the U.S. video game retailer GameStop (GME) agreed to accept Bitcoin [BTC] as part of the company’s strategy. Accordingly, GameStop will join the growing list of public companies that have copied the BTC strategy previously used by MicroStrategy( to enhance shareholder value.

This update comes a few weeks after Strive Asset Management CEO Matt Cole, along with many others, urged the company’s CEO, Ryan Cohen, to buy BTC with excess cash reserves.

Market Reaction

The market reacted mixed to this information. Michael Saylor, a pioneer in BTC strategy, stated that it is “a step in the right direction.” According to reports, this gaming company currently has 4.6 billion USD in cash reserves.

In fact, according to GameStop’s 10-K report filed with the SEC, the platform for accepting BTC reflects the strategy of Strategy )MicroStrategy(, including the issuance of debt and equity.

![Bitcoin Reserve])https://img.gateio.im/social/moments-5872d049b5dc8314e64cded6c4c3da4f “New Bitcoin Strategy: Will GameStop Explode? - Bitcoin News - Latest Coin News Updates 24/7 2025”( Source: SEC ) extracted from the 10-K report (

According to Bitcoin Treasuries, 88 public companies control a total of 665,030 BTC as part of their Bitcoin strategy. In fact, this is the second largest BTC holding portfolio, after funds like ETFs, which own over 1.29 million BTC.

Although some view the excitement from companies as a positive impact on BTC value due to increased demand, others hold an opposite opinion. According to analyst Checkmatey, the rise in the number of companies participating could be a signal of a peak.

“I have stated that companies like Gamestop ‘copying Saylor’ as a rescue card is a clear peak signal.”

Most companies that have adopted this strategy have seen a significant surge in their stock prices. MSTR from Strategy, for example, has increased by more than 2,000% since adopting BTC in 2020, outperforming this cryptocurrency by 3.3 times.

Similarly, Metaplanet’s stock has increased by 2,240% since adopting BTC in April 2024. Will investors in meme stock GME benefit from this trend? That remains to be seen. However, the stock rose 10% right after the U.S. market opened on Wednesday.

![Bitcoin reserve])https://img.gateio.im/social/moments-8d3b3a3e75fef8da8d77a6493bcd5cb0 “New Bitcoin Strategy: Will GameStop Explode? - Bitcoin News - Latest Coin News Update 24/7 2025”( Source: Google Finance

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