GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.
GameStop Corp. (GME) has acknowledged a letter from Strive Asset Management urging the gaming retailer to buy Bitcoin, which a crypto exchange executive says could blow the minds of traditional finance investors.
User apsk32, allegedly an engineer and Bitcoin enthusiast, stated that based on historical four-year cycle patterns, BTC is “on track for” reaching $230,000 to $290,000 by December 2025.
GameStop considers Bitcoin adoption as Strive Asset Management urges it to allocate cash reserves, potentially reshaping its financial strategy.