Bitcoin Hyper Surges with GameStop and Fidelity-Backed Firms Embracing $BTC as Inflation Hedge

Description

Ryan Cohen, the CEO of GameStop, said that his company is not trying to emulate Michael Saylor’s Strategy and that it has a Bitcoin strategy of its own. Cohen underlined that his company now has over $9B in cash, which they intend to deploy responsibly. His focus is on identifying opportunities that can generate massive returns with limited downside risk. Unlike Strategy, which now owns 601,550 $BTC and treats the digital asset as a profit-generating investment, GameStop’s motive with Bitcoin is...