GameStop Stock Surges as Video Game Retailer Adds Bitcoin to Its Investment Policy
1. GameStop approved adding Bitcoin to its corporate investment policy. 2. GME shares rose over 6% in after-hours trading post-announcement. 3. Company revenue fell 28% year-over-year, despite net income rising. 4. Speculation about crypto investments boosted GME's stock performance. 5. CEO's interaction with Michael Saylor fuels crypto investment rumors.