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Business & Economics

Just In: GameStop Adds Bitcoin to Its Treasury Reserve Holdings

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Summary
Nutrition label

71% Informative

GameStop Corp. announced it will adopt Bitcoin as a treasury reserve asset.

GameStop 's board unanimously approved adding Bitcoin to its treasury reserve assets.

The announcement contributed to a 5.9% rise in GME shares during after-hours trading.

The company had $5.355 billion in current assets as of the end of 2024 .

VR Score

54

Informative language

44

Neutral language

57

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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