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GameStop plans to invest $1.3B in Bitcoin

The company is issuing $1.3 billion in bonds and will use part of the funds to buy BTC — though the exact amount wasn’t disclosed

This follows GameStop’s new strategy: just recently, they announced they would hold Bitcoin as a reserve asset

GME stock jumped nearly 20% after this news and their positive earnings report

GameStop is going crypto — just like MicroStrategy once did

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